The outlook for Palestinian banks risks deteriorating as the Arab-Israeli conflict heats up again.
On October 7, Hamas militants launched an unprecedented assault on Israel from Gaza, to which Israel responded with a counteroffensive.
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DatabankOctober 17 2023
Palestine’s banks face dire prospects
The sector was described as stable by the IMF in September, but the ongoing conflict with Israel is set to change the outlook.
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Barbara Pianese is the Latin America editor at The Banker. She joined from Mergermarket, where she spent four years covering mergers and acquisitions across Europe with a focus on the consumer sector. She holds an MA in International and Diplomatic Affairs from the University of Bologna having studied in Brazil and France as well.
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