Israel Discount Bank severing ties with the PA

Israel Discount Bank announced today that it is joining Bank HaPoalim in severing ties with the 'Palestinian Authority.' Under the terms of the 'interim accords' under the Oslo framework of the mid-90's, Discount and HaPoalim are the only Israeli banks that are allowed to do business with the Palestinian Authority. HaPoalim announced six weeks ago that it was severing ties.Discount officials said