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Israel Extends Banking Ties with Palestinians to End 2026
Israel has agreed to extend correspondent banking services with Palestinian banks until the end of 2026, deferring a planned cutoff by Bank Discount and Bank Hapoalim. The incoming Israeli government will be responsible for establishing a permanent solution to these vital financial ties.
5 newsrooms · 3 languages · sincePlus
What happened
- 01Israeli banks' services to Palestinian banks extended to end of 2026.
- 02New Israeli government to find long-term banking solution.
- 03Money laundering and terror financing concerns prompted the issue.
- 04Banks handle 51 billion Shekels annually for Palestinian Authority.
- 0590% of Palestinian trade passes through Israel.
The coverage
5 newsrooms on this story
Who covered it
- Left1
- Centre1
- RightNone
- HarediNone
- Arab2
- Other1
How it broke
See which of the 5 newsrooms broke it, and who waited
