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2013-01-01

Lending-2013- Circular No. 148 Clarifications on Reporting Facilities Granted to Small and Medium Enterprises

The Palestine Monetary Authority issued Circular No. 148 to provide clarifications and structural modifications for reporting facilities granted to small and medium enterprises, following Circular No. 114. The directive mandates that non-interest-bearing facilities like guarantees and credits report a zero interest rate and 'N/A' for interest type, while removing mandatory field requirements for non-performing loans to accommodate limited borrower data. Additionally, the demographic file structure is updated with a new legal procedure field, and appendices are revised to include new registration locations and legal procedure classifications, requiring all lending institutions to align their data collection with these changes.

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Palestine Monetary Authority

Circular No. (2013/148)

To all lending institutions operating in Palestine

Date: Tuesday, November 26, 2013

Subject: Clarifications Regarding the Reporting of Facilities Granted to Small and Medium Enterprises

Following our Circular No. (2013/114) issued on November 6, 2013, concerning the establishment of a database for facilities granted to small and medium enterprises, and in light of the field visits and meetings held to follow up on the project's completion, the following clarifications address the inquiries and observations discussed during these visits:

  • Reporting the Interest Rate and Interest Type for Guarantees and Credits
    For facility types such as guarantees or credits (F006 and F008), and since no interest is collected on this type of facility, the interest rate field must be reported as zero, while the interest type field must be reported as (N/A).

  • Reporting Non-Performing Facilities (Court-Ordered)
    All fields constituting the demographic file for facilities granted to small and medium enterprises are mandatory. To address non-performing facilities as loans where reporting all fields is difficult due to challenges in contacting borrowers, the mandatory status for facility-type loans classified as non-performing (Legal Procedure (A)) will be removed. The fields constituting non-performing facilities will be reported based on what is available in the borrower's file.

  • Modification of the Demographic File Structure
    The structure of the demographic file for facilities granted to small and medium enterprises – (txt.file) – has been modified according to the attachment by adding field number (25) regarding the Legal Procedure related to the above paragraph.

  • Modification of the Appendices

    • Appendix No. (9) concerning the enterprise registration location has been modified according to the attachment by adding two new options, "Ministry of Finance, Ministry of Transport," to the existing options.
    • Addition of Appendix No. (14) concerning the legal procedure taken, "Regarding Legal Procedure (A), not converted," to Legal Procedure (B).

Accordingly, all institutions are requested to adopt the attached clarifications and modifications and complete the collection of data on facilities granted to small and medium enterprises to comply with the new modifications.

Public Relations and Market Officers Department
Palestine Monetary Authority

Ramallah - Al Bireh P.O. Box 452 - Tel.: 02-2409920 - Fax: 02-2409922
Gaza - P.O. Box 4026 - Tel.: 08-2825713 - Fax: 08-2844487
E-mail: info@pma.ps
Ramallah - Al Bireh P.O. Box 452 - Tel.: 02-2409920 - Fax: 02-2409922
Gaza - P.O. Box 4026 - Tel.: 08-2825713 - Fax: 08-2844487
WWW.PMA.PS

Demographic Data File Structure for Facilities Granted to Small and Medium Enterprises

File Header: First Line

Field NameDescriptionSeq.
Number of applications received during the periodNumber of applications submitted during the period1.
Number of rejected applications during the periodNumber of applications rejected during the period2.

File Body:

Field NameDescriptionSeq.
ID NumberIdentity Number / Passport / Company Registration / Environment1.
ID TypeDocument Type<br>Determine the type of document held by the borrower according to the classifications in Appendix No. (01)2.
NationalityNationality<br>Client borrower's nationality according to the passport type held according to classifications in Appendix No. (02)3.
Facility File NumberFacility File Number4.
Bank codeBank Code<br>Code of the lending bank according to classifications in Appendix No. (03)5.
Owner's genderOwner's Gender<br>According to classifications in Appendix No. (04)6.
Financing PeriodFinancing Period7.
Percentage of Guarantee CoverageLoan Guarantee Coverage Percentage from Loan Guarantee Institutions8.
Interest Rate PercentageInterest Rate9.
Interest TypeInterest Type<br>According to classifications in Appendix No. (05)10
Monthly Net IncomeMonthly Return<br>Average monthly return in income currency11
Income currencyIncome Currency<br>According to classifications in Appendix No. (06)12
Insurance on the Assets of EnterpriseInsurance on Enterprise Assets<br>According to classifications in Appendix No. (07)13
Number of Full Time EmployeesNumber of Contracted Workers14
Number of Part Time EmployeesNumber of Part-Time Workers15
Capital of The EnterprisesEnterprise Capital Value16
Capital currencyCapital Currency<br>According to classifications in Appendix No. (06)17
Annual SalesAnnual Sales Rate18
Purpose of the LoanFinancing Purpose<br>According to classifications in Appendix No. (08)19
Loan Distribution by PurposeInvestment Percentage in Financing Purpose20
Enterprises RegistrationEnterprise Registration Location<br>According to classifications in Appendix No. (09)21
Type of the Enterprises ownershipOwnership Type<br>According to classifications in Appendix No. (10)22
Enterprise setup in terms of ProfitProject Classification by Profitability<br>According to classifications in Appendix No. (11)23
Economic sectorEconomic Sector<br>According to classifications in Appendix No. (13)24
Legal ProceduresLegal Procedure<br>According to classifications in Appendix No. (14)25

Appendix Index for the Small and Medium Enterprises Database

  • Document Type - Appendix No. (1)
  • Nationality - Appendix No. (2)
  • Bank Code - Appendix No. (3)
  • Owner's Gender - Appendix No. (4)
  • Interest Type - Appendix No. (5)
  • International Currency Codes - Appendix No. (6)
  • Insurance on Enterprise Assets - Appendix No. (7)
  • Financing Purpose - Appendix No. (8)
  • Enterprise Registration Location - Appendix No. (9)
  • Ownership Type - Appendix No. (10)
  • Project Classification by Profitability - Appendix No. (11)
  • Borrower Status - Appendix No. (12)
  • Economic Sector - Appendix No. (13)
  • Legal Procedure - Appendix No. (14)

Appendix No. (1)

Document Type

The borrower's document type is classified as follows:

CodeTypeSeq.
SIdentity Card1.
FPassport2.
CRegistration Certificate3.

Appendix No. (2)

International Country Codes (for determining borrower nationality)

CountryDialing CodeISO
United Arab Emirates971AE
Argentina054AR
Australia061AU
Austria043AT
Belgium032BE
Bulgaria359BG
Bahrain973BH
Bosnia and Herzegovina387BA
Brazil055BR
Brunei673BN
CanadaC01CA
Chile056CL
China086CN
Cameroon237CM
Colombia057CO
Costa Rica506CR
Cuba053CU
Cyprus357CY
Czech Republic420CZ
Germany049DE
Djibouti253DJ
Denmark045DK
Algeria213DZ
Ecuador593EC
Egypt020EG
Spain034ES
Finland358FI
France033FR
United Kingdom044GB
Greece030GR
Guatemala502GT
Hong Kong852HK
Hungary036HU
Indonesia062ID
India091IN
Ireland353IE
Iraq964IQ
Israel972IL
Italy039IT
Jordan962JO
Japan081JP
Kenya254KE
South Korea082KR
Kuwait965KW
Lebanon961LB
Libya218LY
Sri Lanka094LK
Luxembourg352LU
Morocco212MA
Mexico052MX
Malta356MT
Mauritania222MR
Malaysia060MY
Nigeria234NG
Netherlands031NL
Norway047NO
New Zealand064NZ
Sultanate of Oman968OM
Pakistan092PK
Peru051PE
Philippines063PH
Poland048PL
Portugal351PT
Paraguay595PY
Palestine970PS
Qatar974QA
Romania040RO
Russia007RU
Saudi Arabia966SA
Sudan249SD
Senegal221SN
Singapore065SG
Sweden046SE
Switzerland041SZ
Syria963SY
Thailand066TH
Tunisia216TN
Turkey090TR
Taiwan886TW
Uganda256UG
Ukraine038UA
Uruguay598UY
United States of AmericaU01US
Venezuela058VE
Yemen967YE
Zambia260ZM

Appendix No. (3)

Bank Codes and Branches

CodeBank Name
0100Bank of Palestine
0101Main Branch
0102Branch A
0103Branch B
SequentiallyEtc....
0200Cairo Amman Bank
0201Main Branch
0202Branch A
0203Branch B
SequentiallyEtc....
0300Palestinian Commercial Bank
0301Main Branch
0302Branch A
0303Branch B
SequentiallyEtc....
0400Jordan Bank
0401Main Branch
0402Branch A
0403Branch B
SequentiallyEtc....
0500Jordanian Commercial Bank
0501Main Branch
0502Branch A
0503Branch B
SequentiallyEtc....
0600Arab Bank
0601Main Branch
0602Branch A
0603Branch B
SequentiallyEtc....
0700Arab Egyptian Bank
0701Main Branch
0702Branch A
0703Branch B
SequentiallyEtc....
0800Palestinian Investment Bank
0801Main Branch
0802Branch A
0803Branch B
SequentiallyEtc....
0900Jordanian National Bank
0901Main Branch
0902Branch A
0903Branch B
SequentiallyEtc....
1000Jordanian Kuwaiti Bank
1001Main Branch / Nablus
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