Regulatory Alerts2013-01-01
Liquidity Instructions No. 4 of 2013
The Palestine Monetary Authority issued Instructions No. 4 of 2013 to amend the minimum cash liquidity ratios for banks and branches operating in Palestine. The directive establishes baseline liquidity requirements of 3% per currency and 6% total for banks, and 2% per currency and 4% total for branches, excluding the US dollar. It further mandates a phased increase in the US dollar liquidity ratio, raising bank requirements from 3% to 6% and branch requirements from 2% to 4% effective May 1 and November 1, 2013, respectively, requiring all institutions to implement compliance measures by the specified deadlines.
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