Regulatory Alerts2024-01-01
Palestine Monetary Authority Instruction No. 15 of 2024 Regarding Loans and Financing for Public Sector Employees
The Palestine Monetary Authority issued Instruction No. 15 of 2024 to regulate the handling of loan and financing installments for public sector employees. The instruction mandates that banks licensed to operate in Palestine apply the provisions of Instruction No. 25 of 2021 regarding employee loan installments following the expiration of the previous temporary measures. This directive supersedes any conflicting regulations and becomes effective immediately upon its issuance.
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