Israel’s Bank Hapoalim expects to work with UAE banks once normalisation accord signed

FILE PHOTO: A woman uses an automated teller machine (ATM) outside a Bank Hapoalim branch in Tel Aviv, Israel
FILE PHOTO: A woman uses an automated teller machine (ATM) outside a Bank Hapoalim branch in Tel Aviv, Israel May 30, 2013. REUTERS/Nir Elias/File Photo

September 9, 2020

DUBAI (Reuters) – Israel’s largest lender Bank Hapoalim expects to start working with banks in the United Arab Emirates once the two Middle East governments sign a normalisation agreement, its chief executive said on Wednesday.

The UAE and Israel are due to sign the agreement brokered by the United States on Sept. 15 at a ceremony hosted by President Donald Trump.

(Reporting by Alexander Cornwell; Editing by Jacqueline Wong)