News
06 November 2024

EBRD and Quds Bank support Palestinian MSMEs

In:
Other
Region:
Middle East & Africa

EBRD is supporting Palestinian MSMEs by providing a $8 million loan to Quds Bank, one of the largest local banks in the West Bank and Gaza.The Palestinian economy has been severely impacted by the war in Gaza, suffering an estimated 35% contraction as of June 2024 and an unprecedented unemployment...

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