VOL. XXXIX

No. 11

11-December-1995

PALESTINE

The IFC And Arab Bank Sign Deal To Found First Palestinian Investment Bank

The International Finance Corporation (IFC), the private sector affiliate of the World Bank, and Arab Bank, the largest bank in Jordan and one of the largest in the Arab World, have signed an agreement to establish the first investment bank in the occupied territories of the West Bank and Gaza. The new Arab Palestine Investment Bank, which will be based in Ramallah,...