2022-01-01
The Palestine Monetary Authority issued Circular No. 201/2022 requiring all specialized lending institutions operating in Palestine to adopt unified gender-based classification standards for projects to enhance women's financial inclusion and support marginalized groups. Institutions must define women-owned projects as those where women hold at least 51% of capital, or at least 20% of capital combined with a female chairperson or CEO. All lenders are mandated to submit periodic statistical data using the provided schedule to the Authority beginning at the end of the third quarter of 2022.