Al-Monitor
MiddleEast · 1 hrs ago
Concerns of Palestinian economic crisis grow as Israeli banks prepare to cut ties
By Steven Scheer and Ali Sawafta
JERUSALEM/RAMALLAH, July 23 (Reuters) - Two Israeli banks will halt working with their Palestinian counterparts in the coming months citing risks of associating with possible terrorism financing and money laundering, Israeli officials said, fuelling concerns of a Palestinian economic crisis.
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