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شبكة فلسطين الإخبارية
Haboualim and Discont plan to reduce services to Palestinian banks
Hapoalim Bank and Discount Bank, two Israeli banks, have informed Palestinian banks of their intention to cease banking correspondence services in the upcoming weeks, starting from August 13 and September 1, respectively. This measure threatens to disrupt financial transfers and transactions in shekels, which five Palestinian banks rely on to fund imports, transfer salaries, and settle payments with suppliers. Such disruptions could exacerbate the liquidity crises faced by the Palestinian Authority and the economy in the West Bank. This development comes amid previous Israeli threats and plans to exert financial pressure on the Palestinian Authority.
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