1 Day
Source:
شبكة راية الإعلامية
Analysis | Role of Largest Palestinian Bank in Economic Protection
Amidst the Israeli war on the Gaza Strip, Bank of Palestine, the largest Palestinian bank, has played a key role in maintaining a minimal level of economic and financial activity within the Palestinian territories. Despite security and logistical challenges, the bank continued to provide its banking services, helping thousands of families and businesses access their funds and conduct financial transactions, thereby mitigating the worsening economic and social crisis. The bank also faces pressure from international and local entities regarding compliance policies and dealing with instances of account closures or freezes. These measures are essential to ensure compliance with international financial laws and regulations, especially in the absence of official authorities in the Gaza Strip.
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