VOL. XXXIX

No. 8

20-November-1995

PALESTINE

Palestinian Official Reviews Banking Developments In Autonomous Areas

The Palestine Monetary Authority has received a number of offers from various banks, as well as from Palestinian and Arab businessmen, to set up several new banks in the Gaza Strip and West Bank. The Authority's Governor, Mr. Fuad Bsisu, told Asharq al-Awsat of 11 November that the new banks will primarily finance the reconstruction and development of the Palestinian...