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Bank of Palestine

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2024

    Reported Gaza cash robberies

    Reporting cited in the reference material described armed robberies at Bank of Palestine facilities in Gaza during the war, including the forced opening of a vault and a later robbery at a major branch. Reported losses were approximately €66 million, though the final confirmed amount is not provided.

  2. 2019

    Singer v. Bank of Palestine allegations

    An amended complaint in a United States lawsuit alleged that the bank aided Hamas by providing financial services and maintaining accounts. Bank of Palestine denied that the claims had a legal basis and sought dismissal. The supplied material does not establish the allegations as proven.