Israeli bank severs ties with Gaza banks

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Source: CCTV.com | 09-26-2007 11:10

Bank Hapoalim's Zion Square branch in Jerusalem,Palestine(File photo)

Israel's largest bank says it is severing its last remaining ties with Palestinian banks in Gaza, following the Israeli government's declaration of the coastal strip as an enemy entity.

Bank Hapoalim says it will stop its activities with banks in the Gaza Strip. But it did not indicate the extent of the bank's operations in Gaza or say when the decision would take effect.

Editor:Yang Jie