The UK-based multilateral EBRD recently announced it plans to decide by February whether to loan an additional USD 30 million to Bank of Palestine to on-lend to micro-, small and medium-sized enterprises in the West Bank. Consideration of the loan is an explicit response to the "acute economic crisis" caused by the war between Israel and Hamas. Bank of Palestine has total assets of USD 6.6 billion and serves 1 million people via 73 branches.
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