Discount Bank is preparing to step away from its role as an intermediary for financial services in the West Bank in September.

Jerusalem, West Bank, Israel

Who

Discount Bank, Mohammad Manasra

What

When

Tue, 16 Jun 2026 14:54:00 GMT · 1h 58m ago

Where

Jerusalem, West Bank, Israel ·

Why

The arrangement between Israeli government and correspondent banks providing immunity from lawsuits related to terror financing expires, and the Israeli Finance Minister has voiced unease with the arrangement since the 2023 Hamas attack on Israel.

The Frontline Impact

How this affects you

This move by Discount Bank could significantly disrupt the West Bank's economy, potentially halting essential imports such as electricity, water, and fuel, as the region heavily relies on these financial intermediaries for transactions with Israel.

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Verified Sources & Citations

The Straits Times
https://www.straitstimes.com/world/middle-east/israeli-bank-to-sever-west-bank-ties-raising-alarm-over-economy
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