2018-01-01

Lending-2018- Circular No. 49 Updated Quarterly Database File

The Palestine Monetary Authority issued Circular No. (2018/99) requiring all specialized lending institutions operating in Palestine to complete and submit an updated quarterly database file. This mandate aligns with Circular No. (2015/136) and aims to strengthen sector safety, transparency, and disclosure by synchronizing submissions with periodic quarterly reports, including the Unified Report and Provision Schedule. Institutions must also ensure their technological environments and automated systems remain fully compliant with the specified database requirements.

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Palestine Monetary Authority

PALESTINE MONETARY AUTHORITY

Circular No. (2018/99)

To all specialized lending institutions operating in Palestine

Date: Sunday, March 11, 2018


Subject: Updated Quarterly Database File

With reference to the above subject, and in the context of the Palestine Monetary Authority's efforts to maintain the safety of the specialized lending sector in Palestine and enhance transparency and disclosure principles by establishing an updated database for specialized lending institutions, and based on the requirements of Circular No. (2015/136) regarding the establishment of the quarterly database file, all specialized lending institutions are required to complete the updated database file attached herewith and submit it to the Authority on a quarterly basis simultaneously with the periodic quarterly reports (the Unified Report and the Provision Schedule). The Authority also expects the continued alignment of the institution's technological environment and automated systems with the requirements of the aforementioned file.

Accept the highest assurances of respect,


Supervision and Inspection Department
Palestine Monetary Authority


www.pma.ps


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