20 Hrs
Source:
وكالة مدار نيوز
Shinar: Palestinian Economy Needs Permanent Banking Solutions
Palestinian Monetary Authority Governor Yahya Shanar warned against continuing reliance on correspondent banking relationships with Israeli banks based on temporary decisions. He emphasized that this situation is not a sustainable solution and increases the risk of Palestinian economic instability. He confirmed that maintaining these relationships is essential to ensure the flow of trade and payments, and called on the European Union and the international community to exert pressure to secure their permanent stability. He also reaffirmed the Palestinian bank's commitment to implementing the highest anti-money laundering standards and developing its supervisory systems.
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