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News

E-Payments As a Pathway to Growth: Empowering the West Bank and Gaza Through Digital Inclusion

The World Bank and United Nations Interim Damage Assessment updated July 2024 figures estimate $14.2 million in damages to the financial sector in Gaza between October and the end of January 2024.

News

EIB Backs Palestinian Startups With a $50 Million Line of Credit to Bank of Palestine

The European Investment Bank (EIB) extended a $50 million line of credit to Bank of Palestine to support the resilience of the Palestinian private sector through on-lending to local SMEs, as part of Team Europe’s overall response to the Covid-19 crisis.

News

SANAD and Vitas Eexpand Access to Finance for MSEs and Low-Income Households in the West Bank and Gaza

This was a top-up loan of $4 million to support microfinance sector during challenging environment brought about by COVID-19 crisis.