Governor of the PMA Azzam Shawwa met at his office in Ramallah with a delegation from the Palestinian Banking Institute (PBI), presided by PBI General Manager Dr. Iyad Jayyousi.
The delegation congratulated the Governor on the completion of the new PMA headquarters building, praising the advanced level attained whether regarding the construction of premises, its systems or its staff and subsequently the favorable impact that exerts upon promoting the Palestinian banking sector and maintaining its stability. Further, the delegation commended the PMA’s role in developing the performance of individuals and institutions within the financial, banking and economic sectors in Palestine, as evidenced by the support it offers to PBI’s activities and programs.
From his side, Governor Shawwa welcomed the visiting delegation and briefed members on the efforts made by the PMA to maintain the robustness and stability of the banking sector in Palestine and ensure the continuous development of banking and legislative systems, while keeping abreast of the latest banking developments. These efforts, he added, are part of PMA’s pursuit to transform into a central bank in the near future, once the Palestine Central Bank Law receives presidential endorsement.
Governor of the PMA commended the PBI for the qualification of human resources in the fields of finance and banking in accordance with the rules and regulations of sound banking and financial principles. He added that, through its various activities and training programs, the PBI has helped satisfy the need of the financial and banking sectors for qualified personnel in Palestine.
The delegation conducted a tour of the new premises and visited the various departments in order to become familiar with the nature and methodology of work carried out by these departments.