Regulatory Alerts2021-01-01
Circular No. 169/2021 Credit Card Services
The Palestine Monetary Authority issued Circular No. 169/2021 to reinforce its policy on maintaining banking service quality and safeguarding consumer rights. The directive mandates all Palestinian banks to submit credit card service statistics according to the attached schedule. Institutions must deliver these reports to the Authority within two weeks of the circular's issuance.
Palestine Monetary Authority
PALESTINE MONETARY AUTHORITY
Circular No. (169/2021) To all banks operating in Palestine Date: Sunday, August 15, 2021
Subject: Credit Card Services
In light of the Palestine Monetary Authority's efforts to strengthen its policy aimed at maintaining the quality of banking services provided by banks to their customers, and to protect the rights of banking service consumers in accordance with relevant laws and regulations, all banks are requested to provide us with credit card service statistics according to the attached schedule, within two weeks from the date of this circular.
Supervision Group Palestine Monetary Authority
Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 info@pma.ps | Fax: +970 2 2415310 | Tel: +970 2 2415251 Gaza - Palestine P.O. Box 4026 Fax: +970 8 2844487 | Tel: +970 8 2825713 www.pma.ps