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Israeli banks fear expanded U.K. sanctions on West Bank settlements could hurt their operations

The banks fear British sanctions could also target entities involved in settlement expansion. For now, they won't say whether they will guarantee contractors bidding on internationally condemned tenders for construction in the West Bank's E1 area

Israeli banks fear expanded U.K. sanctions on West Bank settlements could hurt their operations

Israeli banks are concerned that expanded UK sanctions on West Bank settlements could impact their operations. According to Haaretz, they are also worried that these sanctions might target entities involved in settlement expansion.

The Israeli military has been active in the West Bank, carrying out counter-terrorism raids and detaining dozens of individuals who expressed support for a recent massacre. They also arrested wanted individuals affiliated with Hamas and searched for weapons.

The military conducted a strike that killed two Hamas terrorists, one of whom allegedly used hospitals for terrorist activity and the other who was presented as a civil defense worker.

Brief written by urgent.news from Haaretz, Jerusalem Post — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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