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Israeli Banks Threaten to Cut Off Palestinian Economy

NYT > World News·July 22, 2026
Israeli Banks Threaten to Cut Off Palestinian Economy

Israeli banks have been crucial partners to Palestinian banks, facilitating transactions that enable the West Bank's imports and exports. Two major Israeli financial firms have been at the forefront of this partnership, handling key transactions for the Palestinian economy. However, these Israeli banks are now threatening to sever ties, which could severely impact the Palestinian economy. Such a move would likely disrupt the flow of goods and services in the West Bank.

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