Regulatory Alerts2011-01-01
Circular No. 187: Data on Facilities and Financing Granted to Finance Projects within Jerusalem
The Palestine Monetary Authority issued Circular No. 187/2011 requiring all banks operating in Palestine to submit detailed data on facilities and financing utilized within the Jerusalem area as of September 30, 2011. The circular mandates quarterly reporting of outstanding balances, non-performing loans, and impairment allowances, categorized by borrower type, economic sector, and specific financing purposes such as real estate, consumer goods, and education. Submissions must be made via the authority's file exchange service within one week of issuance and subsequently within one week following the end of each quarter, explicitly excluding financing used outside Jerusalem by Jerusalem ID holders.
Palestine Monetary Authority
Palestine Monetary Authority
Circular No. (187 / 2011)
To all banks operating in Palestine
Date: Sunday, November 20, 2011
Subject: Data on (Facilities/Financing) Granted to Finance Projects within Jerusalem
In continuation of the development of databases related to the distribution of (Facilities/Financing), we request all banks to provide us with data regarding (Facilities/Financing) utilized within the Jerusalem area as of 30/09/2011 as follows:
First: Basic data on (Facilities/Financing) granted to finance projects* within the Jerusalem area, which includes (the Old City, Shuafat, Shuafat Camp, Beit Hanina, Al-Tur, Silwan, Jabal Al-Mukaber, Al-Sawahra Al-Gharbiya, Al-Issawiya and Sharafat, Beit Safafa, Sur Baher, Um Tuba and Al-Ghazil, or any other areas within Arab Jerusalem):
| Category | Number of Facilities/Financing Accounts | Value in USD |
|---|---|---|
| Individuals | ||
| Companies: | ||
| Small and Medium Enterprises (SMEs) | ||
| Large Companies (excluding Insurance Companies) | ||
| Insurance Companies | ||
| Associations: | ||
| For-profit Associations | ||
| Non-profit Associations | ||
| Other (specify) | ||
| Total |
Second: Distribution of (Facilities/Financing) granted to finance projects* within the Jerusalem area according to the following categories:
| Facilities Granted for Financing the Following: | Outstanding Balance | Non-Performing Loans | Allowance for Loan Loss Impairment |
|---|---|---|---|
| Real Estate and Construction | |||
| Land | |||
| Industry and Mining |
Ramallah - Al Bireh P.O.Box 452 - Tel.: 02-2409920 - Fax: 02-2409922 Gaza - P.O. Box 4026 - Tel.: 08-2825713 - Fax: 08-2844487 E-mail: info@pma.ps www.pma.ps
Ramallah - Al Bireh P.O.Box 452 - Tel.: 02-2409920 - Fax: 02-2409922 Gaza - P.O. Box 4026 - Tel.: 08-2825713 - Fax: 08-2844487 1
Palestine Monetary Authority
Palestine Monetary Authority
| General Trade | |||
| Agriculture and Livestock | |||
| Tourism, Restaurants, and Hotels | |||
| Transportation and Communications | |||
| Public Services and Services Sector | |||
| Finance | |||
| Other (specify) | |||
| Total |
Third: (Facilities/Financing) granted to Jerusalemites for other purposes detailed as follows:
| Facilities Granted for Financing | Outstanding Balance | Non-Performing Loans | Allowance for Loan Loss Impairment |
|---|---|---|---|
| Purchase of Consumer Goods | |||
| Purchase of Private Vehicles | |||
| Investment in Stocks | |||
| Medical Treatment | |||
| Coverage of Educational Costs | |||
| Utilization of Credit Card Limits | |||
| Other (specify) | |||
| Total |
Note: The data required in items one and two is limited to (Facilities/Financing) granted for the purpose of implementing developmental investment projects within the Jerusalem area. Accordingly, any (Facilities/Financing) granted to Jerusalem ID card holders utilized in any other area of the West Bank or Gaza Strip are excluded.
Data will be received through the file exchange service (Periodic Statistics File) within one week from the date of issuance. The same data will be submitted quarterly within one week from the end of each quarter.
Supervision and Inspection Department Palestine Monetary Authority
Ramallah - Al Bireh P.O.Box 452 - Tel.: 02-2409920 - Fax: 02-2409922 Gaza - P.O. Box 4026 - Tel.: 08-2825713 - Fax: 08-2844487 E-mail: info@pma.ps www.pma.ps
Ramallah - Al Bireh P.O.Box 452 - Tel.: 02-2409920 - Fax: 02-2409922 Gaza - P.O. Box 4026 - Tel.: 08-2825713 - Fax: 08-2844487 2