«May 2017»

EBRD to invest in West Bank and Gaza

The EBRD Board of Governors has approved the engagement of the EBRD in the West Bank and Gaza for an initial period of five years to support the development of the economy with investments through a trust fund.
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MoU signed between the Palestine Monetary Authority, GIZ and Sanad Fund

With the aim of strengthening consumer protection and financial literacy in Palestine, the Palestine Monetary Authority (PMA), GIZ and the SANAD Fund for MSME’s Technical Assistance Facility agreed on a joint project supporting the PMA’s consumer relations halls today
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Governor of PMA: First Main Office of Association for Banks in Palestine Opening Soon in Gaza

H.E. Governor of the PMA, Mr. Azzam Shawwa, announced that, following a deliberative meeting with the Association of Banks in Palestine (ABP) held at PMA headquarters, it has recently been agreed to open the first ABP main office in Gaza. With support from the PMA, the decision was driven by ABP’s view that there the need exists to activate the role of the Association to build and enhance the capabilities of banking sector employees to stay up-to-date with the most recent developments in banking. 
H.E. Governor Shawwa added that Mr. Mohammad Barghouti, Chairman of the Board of Directors, will kindly be following up the procedures to open the main office and appoint a resident director of ABP Gaza.
Mr. Shawwa added that he was confident that the Gaza office, in coordination with the PMA, will contribute to the development of the banking industry through conducting studies, publishing brochures, organizing seminars and workshops and promoting social responsibility; hence develop Palestine’s economy despite political and economic hardships.

Categories: PMA, Meetings, Announcements