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شبكة فلسطين الإخبارية
Bank of Israel extends Palestinian bank ties through year-end
The Deputy Governor of the Bank of Israel, Andrew Abir, stated that Israeli banks will continue their banking relations with Palestinian banks until the end of 2026, following an agreement that postpones severing these relations. It was originally planned that Hapoalim and Discount Banks would cut their ties with Palestinian banks, but the new agreement maintains the banking relationships, with the decision-making responsibility assigned to the new Israeli government. It is worth noting that the continuation of these relations is important for facilitating the flow of funds between Israel and the Palestinian Authority, as Palestinian banks rely on Israeli banks for financial transactions.
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