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2026-07-29T01:24:02.000Z

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Occupation moves to dismantle Palestinian banking

Occupation moves to dismantle Palestinian banking

The article discusses the Israeli occupation's efforts to cause a financial collapse within the Palestinian Authority by banning banking services, especially following the decision by Discount Bank and Hapoalim Bank to end their relationships with Palestinian banks. This move threatens the import and export of goods to and from the West Bank. The Palestinian Authority warns of the risks of a financial system collapse, as it can no longer sustain banking transactions due to increasing Israeli restrictions. Israel's goal appears to be to deepen despair and undermine the Palestinian economy, especially after the Israeli Finance Minister refused to extend the compensation letters granted to Palestinian banks. This situation exposes the Palestinian banking system to significant risks and threatens economic stability.

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