Ramallah, 16/6/2013. The PMA has launched its official social media pages on Facebook, Twitter, and YouTube; in an effort to develop banking and financial awareness among the Palestinian public. It aims to encourage the optimum use of banking services, attain a deeper connection with all segments of society, and to utilize methods such as interactive media and customers' feedback while communicating with the public.
PMA Hosts a Student Delegation from Palestine Technical University (Kadoorie)
The PMA Publishes a Study on the Economic Role of Specialized Lending Institutions and Their Impact on Financial Stability in Palestine
The PMA's Research and Monetary Policy Department published a study on the economic role of specialized lending institutions and their impact on financial stability in Palestine. The study presents a thorough analysis of the role of medium, small-sized and micro enterprises in the Palestinian economy, the social and development role of loans, good governance in lending institutions and the road map for developing and activating lending institutions. The study was prepared by Dr Nasr Abdel Karim from Birzeit University, and Mohammad Abed and Abeer Abu Zaitoun from the PMA's Research and Monetary Policy Department.
The Palestine Monetary Authority warns Palestinian citizens against dealing with the so-called "Production Bank" and the "Islamic National Bank" in Gaza as they are not licensed by the PMA. Therefore they will not be monitored by the PMA and the deposits of its depositors will not be covered by the Palestine Deposit Insurance Corporation pursuant to the requirements of Law No. 2/1997 on the Palestinian Monetary Authority, Banks Law No. 9 of 2010, and the Palestine Deposits Insurance Corporation Law of 2013. Accordingly, the PMA will not bear any responsibility for any losses resulting from dealing with the unlicensed institutions mentioned above.
- PMA Announces its New Board of Directors
- President Mahmoud Abbas Signs a Decree Law “Palestinian Deposit Insurance Corporation”; to Safeguard Depositors and Develop a Financial Security Network
- Exporters and Importers Council Organizes Awareness Lectures in both Nablus and Hebron in Collaboration with PMA
- Important Announcement
- PMA Issues a Statement on the So-called (Production Bank) in Gaza Strip
- PMA and PCMA Issue a Statement on the So-called (Production Bank) in Gaza Strip