Regulatory Alerts2017-01-01
Circular No. 210 Disclosure of Goood Leasing Finance Company Data in the Credit Report
The Palestine Monetary Authority issued Circular No. 210 to mandate the inclusion of Goood Leasing Finance Company data in the national credit information system. Effective October 4, 2017, all banks and lending institutions must report and exchange borrower data for this entity using the assigned code LEASF98. This integration aims to mitigate credit and operational risks across the banking sector by expanding the centralized credit reporting framework to cover leasing finance facilities.
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