Verified List of Banks in Palestine (2026 Update)
Official Name: State of Palestine
Capital City: Jerusalem, Ramallah
Currency: Egyptian pound, Jordanian dinar (JOD) (EGP)

Continent: Asia Country: Pales.. Total Banks: 14
In Palestine, our directory currently tracks 14 financial institutions, with Jerusalem, Ramallah serving as the primary hub for banking activity. Data verified as of 2026.
Foreign exchange reserves equal roughly 6.17% of GDP, indicating a limited external liquidity buffer relative to economic output. Palestine reports a public debt-to-GDP ratio of approximately 30.7%, against an unemployment rate of 29.50%. Average inflation is estimated at approximately 25.00%, a useful benchmark for currency and purchasing-power stability in the region. Palestine bank is recognized as the largest commercial bank serving Palestine.
Palestine's banking sector shows roughly 100% direct SWIFT/BIC connectivity, corresponding to an 'Integrated' classification under the Bankinfobook Financial Connectivity Index.
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Looking for more details on SWIFT codes? Explore our comprehensive guide to SWIFT Codes Explained.
✓ Verified: This entry was personally compiled and reviewed by Milan Ignjatovic using primary sources.
Founder & Sole Curator, Bankinfobook | Master Manager of ICT · Graduated Economist
Last Data Review: January 22, 2026




