PMA Organizes Training Workshop for Sample Group of Employees from Banks and Lending Institutions on Credit Registry (Version IV)

The PMA organized a 2-day training workshop for a sample group of employees from banks and lending institutions. Fifty participants from the departments of facilities and information technology were trained on using the latest version of the Credit Registry System. The workshop was held to investigate and verify the upgraded software performance. The pilot testing will be followed by a training workshop for all new-version users in banks and lending institutions. This fourth version is expected to be released before end of the current year. The software was upgraded in cooperation with Al Andalus Software Development Company.  

The workshop was opened by Mr Ali Faroun, Head of the Consumer’s Relations and Market Conduct. In his opening speech, Mr Faroun emphasized the significance of the workshop as an introductory training to the latest version of the Credit Registry which was intended to raise awareness of employees using the software. He pointed to PMA efforts to continuously update the system in order to sustain a robust banking environment, attain international standards and best practices in the area of credit risk management and expand lending across the whole spectrum of economic sectors in Palestine.

Two colleagues from the Consumer’s Relations and Market Conduct Department, Maysa’ Sarhan and Amal Abu Jabr, delivered an elaborated presentation on the new version of the Credit Registry, its upgraded features and their importance, pointing out that the adjustments were introduced to make the system fit for the requirements of the Palestinian banking environment.