Khaberni - Israeli banks have notified Palestinian banks of severing ties within 60 days.
According to official data, Palestine imports 90% of its electricity and about 80% of its water from the Israeli occupation, in addition to depending on 100% of Israeli fuel, all of which will be the most adversely affected in the event the banking relationship between the two sides is severed.
Official reports indicate that the assets of the Palestinian banking sector exceed 27 billion dollars, while customer deposits, until September of last year, surpassed 21.2 billion dollars, and facilities amounted to 12.8 billion dollars.
