Regulatory Alerts2025-01-01
Official Holidays for Religious and National Occasions in Palestine No. 16
The Palestine Monetary Authority issued Circular Number 16/2025 to direct all banks operating in Palestine to implement the Cabinet's official holiday schedule for religious and national occasions for 2025. The circular mandates compliance with Article 73 of Banking Law Number 9 of 2010 and attaches Cabinet Decision Number 1 of 2025, which establishes the specific dates for these official holidays. Banks are required to take all necessary administrative and operational measures to ensure full execution of the decision effective from 23 February 2025.
Palestine Monetary Authority PALESTINE MONETARY AUTHORITY
Circular Number (16 / 2025) To all banks operating in Palestine Date: Sunday, 23 February 2025
Subject: Official Holidays for Religious and National Occasions in Palestine for the Year 2025
Based on Article Number (73) of Banking Law Number (9) of 2010, and enclosed is the esteemed Cabinet Decision Number (1) of 2025 regarding Official Holidays for Religious and National Occasions in Palestine for the Year 2025, please take the necessary measures to implement the decision.
Supervision Group Palestine Monetary Authority
- Copy to: The respected Palestinian Deposits Guarantee Corporation.
- Copy to: The respected Financial Monitoring Unit.