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Regulator says Gaza banking OK despite closures

Posted on 13 May 2010

From Cnbc.com: The top Palestinian financial regulator sought to assure an anxious public Wednesday that the Gaza Strip is not facing a banking crisis after the Palestinian territories’ largest lender closed two of its three Gaza branches last week.
The decision by the Jordan-based Arab Bank to shutter the shops set off jitters among its Gaza customers. On Wednesday, dozens of clients lined up at the bank’s sole remaining branch in Gaza City, some of them in order to close their accounts………………………………………Full Article: Source

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