Regulatory Alerts2022-01-01
Circular No. 160: Disclosure of Public Sector Employees' Credit Status Assessment on the Credit Information System
The Palestine Monetary Authority requires banks to report the Customer Status Assessment (MOP) for public sector employees receiving partial salary transfers as Assessment (2) in their monthly credit information files. Banks must additionally disclose outstanding installment obligations for these employees as equivalent to a single installment of their granted facility until regular salary disbursements resume. This measure prevents adverse effects on the employees' credit classifications and safeguards the continuity of their banking transactions.
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