VOL. XLVI

No 33

18-August-2003

PALESTINE

REGIONAL BANKING

Four Palestinian Islamic Banks Plan To Merge In October

The Governor of the Palestine Monetary Authority (PMA), Amin Haddad, has announced that the four Palestinian Islamic banks have agreed a schedule to merge into a single organization by October. The boards of directors of the four banks Arab Islamic International Bank, the Palestine Islamic Bank, Al-Aqsa Islamic Bank, and an Islamic affiliate of the Cairo Amman Bank are due to finish...