Regional Banking

Arab Bank To Open Branch In West Bank

'Amman-based Arab Bank received a license to open a branch in theIsraeli-occupied West Bank town of Nablus on 23 October from Israel's CivilAdministration Office in Jerusalem. The bank plans to open the branch before theend of the year. Arab Bank is the third Arab-owned bank since 1967 to have abranch in the Israeli-controlled territories. Cairo Amman Bank opened a branchin the West Bank in 1987 and the Bank...