🌍 Europe 4h ago · EU Reporter Correspondent

EU implements Palestine facility with $395 million for local banks and €2.1 million in technical assistance

EU Reporter
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The European Investment Bank (EIB) and the European Commission are launching the implementation of the €400 million facility announced in October 2025 by making available up to $395 million for Palestinian micro, small and medium sized enterprises (MSMEs).



The funds will be channelled through Bank of Palestine, The National Bank, Quds Bank, Cairo Amman Bank and Palestine Investment Bank to expand access to credit through local financial intermediaries.



The package also includes the deploym

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