Local Economy
Sources to 'SadaNews': Israel Extends Banking Relations with Palestinian Banks
SadaNews Exclusive - Informed sources revealed to "SadaNews" on Thursday evening that Israel has decided to extend its banking relationship with Palestinian banks for two months, until 31/5/2026.
According to the sources, the correspondent Israeli banks have informed their Palestinian counterparts of this decision.
This is the second or third time that these banks have extended the banking relationship.
Israeli Finance Minister Bezalel Smotrich had been vigorously seeking to sever the banking relationship as part of attempts to impose sanctions on the Palestinian Authority due to its positions.
Under U.S. pressure, the Israeli government refrains from taking this step.
Follow the latest Sada News via Google News
Read Also
Soaring Oil Prices Burn the Pockets of the Palestinian Citizen "The Poor"
Millions of Dollars in Losses.. "SadaNews" Reveals Shocking Figures for Traders from Pales...
The Problem of Shekel Overcrowding Worsens.. Fuel Station Owners Threatened with Closure o...
The Palestinian Economy at a Crossroads: 4 Files Awaiting Resolution
Hebrew Channel: Israel Rejects Request from Egypt and Jordan to Operate Gas Platforms
"The Monetary Authority" and "the Private Sector Coordination Council" Discuss the Impleme...
Sources to 'SadaNews': Israel Extends Banking Relations with Palestinian Banks
