Regulatory Alerts2025-01-01
Circular No. 14/2025: Branch Opening in Al-Yamoun Town, Jenin Governorate
The Palestine Monetary Authority issued Circular No. 14/2025 to all banks operating in Palestine, responding to a request from the Al-Yamoun Municipality to establish a banking branch in the town. The Authority instructs banks to utilize the existing municipal headquarters to apply for a branch license or provide banking services through ATMs in compliance with applicable laws. This directive aims to enhance financial inclusion and facilitate citizen access to financial and banking services in the region.
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