Regulatory Alerts2022-01-01
Circular No. 201 of 2022 Regarding the Classification of Projects by Gender
The Palestine Monetary Authority issued Circular No. 201 of 2022 mandating all specialized lending institutions operating in Palestine to adopt unified statistical standards for classifying projects by gender. The circular defines a women-owned project as one where women hold at least 51% of capital, or at least 20% capital combined with a female chairperson or CEO. Institutions must submit periodic statistical data using the provided schedule to the regulator starting from the end of the third quarter of 2022.
[Logo of the Palestine Monetary Authority]
Palestine Monetary Authority
PALESTINE MONETARY AUTHORITY
Circular No. (201 / 2022) To all specialized lending institutions operating in Palestine Date: Tuesday, 06 September, 2022
Subject: Classification of Projects by Gender
In order to enhance the role of women as one of the outcomes of the specialized lending sector strategy, and to support the developmental and social role of sector institutions in supporting marginalized groups and improving the financial inclusion reality for female entrepreneurs and business owners, all institutions are requested to adopt unified standards for classifying projects according to gender for statistical purposes. Accordingly, the unified definition of women-owned projects shall be any project meeting any of the following conditions:
- The woman/women own 51% or more of the capital of the establishment/project.
- The woman/women own 20% or more of the capital of the establishment/project, and the position of Chairman of the Board or Chief Executive/General Manager of the establishment/project is held by a woman.
Statistical data shall be provided to the Palestine Monetary Authority periodically according to the attached schedule, starting from the end of the third quarter of 2022.
The schedule will be provided to you via email at scdivision@pma.ps.
Supervision Group Palestine Monetary Authority
www.pma.ps Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 Tel: +970 2 2415310 | Fax: +970 2 2415310 Gaza - Palestine P.O. Box 4026 Tel: +970 2 2844870 | Fax: +970 2 2844870
[Data Schedule]
| Financing Type (Islamic/Conventional) | | Individuals/Establishments | Individuals | Establishments | Total | | :--- | | :--- | | :--- | | :--- | | :--- | | :--- | | :--- | | :--- | | :--- | | :--- | | | | | Male | Female | Total | Female-owned | Non-female-owned | Total | | | Total | Number of Loans and Financing | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Loan and Financing Balance Value | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Number of Borrowers | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Value of Provision Formed | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Consumer | Number of Loans and Financing | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Loan and Financing Balance Value | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Number of Borrowers | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Value of Provision Formed | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Productive | Number of Loans and Financing | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Loan and Financing Balance Value | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Number of Borrowers | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Value of Provision Formed | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Real Estate | Number of Loans and Financing | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Loan and Financing Balance Value | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Number of Borrowers | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Value of Provision Formed | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Total | Number of Loans and Financing | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Loan and Financing Balance Value | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Number of Borrowers | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Value of Provision Formed | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Irregular | Number of Loans and Financing | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Loan and Financing Balance Value | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Number of Borrowers | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Value of Provision Formed | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Regular | Number of Loans and Financing | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Loan and Financing Balance Value | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Number of Borrowers | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Value of Provision Formed | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Financing Type (Islamic/Conventional) | Number of Islamic Financing | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Number of Islamic Financing Borrowers | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Value of Islamic Financing | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Number of Conventional Loans | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Number of Conventional Loan Borrowers | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | Value of Conventional Loans | | 0 | 0 | 0 | 0 | 0 | 0 | 0 |