بيانات صحفية

The 37th ordinary session of the Board of Governors of Arab Central Banks and Monetary Institutions was held under the patronage of H.H. Sheikh Mansour bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Presidential Affairs.

The Palestine Monetary Authority (PMA) released on Sunday 30th June, the results of the Palestine Indicator for the Business Cycle (PMABCI) during June 2013.

Palestinian President Mahmoud Abbas signed into law a measure to insure bank deposits in a step aimed at providing more economic stability in the West Bank and Gaza Strip.

RAMALLAH, West Bank, Jan 23 (Reuters) - A central bank in the making, the Palestine Monetary Authority (PMA) is a rare bright spot as the economy of the Palestinian territories struggles with Israeli sanctions.

Decree law gives Palestine Monetary Authority green light to promote ‘modern e-banking services’; Jihad Alwazir says new systems will increase efficiency while reducing risks.

The Gaza Strip and the West Bank have approximately four million inhabitants, of which a large portion are consumers and potential borrowers from the banks, mail-order companies, businesses and mobile-communication providers et cetera.

Palestinian Monetary Authority Governor Jihad Al Wazir said he has readied the financial system to withstand the repercussions that may follow a planned statehood bid at the United Nations as soon as this month.

If you feel sorry for Ben Bernanke (chairman of the US Federal Reserve), who is fast running out of options to save his country’s economy, spare a thought for Jihad Al-Wazir. Despite being governor of the Palestinian Monetary Authority, Al-Wazir has no control over interest rates or money supply.

The Gaza Strip and the West Bank have approximately four million inhabitants, of which a large portion are consumers and potential borrowers from the banks, mail-order companies, businesses and mobile-communication providers et cetera.