Gaza
Bank of Palestine profits surge while headquarters threatens displaced families
Image credit: Shehab Wire (EN)
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Bank of Palestine reported consolidated net profits of $50.3 million for the first half of 2026, according to Shehab Wire, even as Gaza residents face acute cash shortages and widespread bank account freezes. Citizens have called on the bank to redirect funds toward demolishing its deteriorating headquarters, which threatens thousands of displaced people.
The financial disclosure comes amid a severe liquidity crisis in the territory, with residents reporting widespread restrictions on their accounts.
