Palestine Monetary Authority

PALESTINE MONETARY AUTHORITY

Circular No. (177 / 2019)

To all banks operating in Palestine

Date: Thursday, July 11, 2019

Subject: Launch of the "Inquiry System for Enterprises/Companies Registered with the Ministry of National Economy"

Continuing the Palestine Monetary Authority's approach to developing its systems and operational mechanisms to contribute to monitoring various risks in order to mitigate their impact on different economic sectors, and to enhance and enable the small and medium-sized enterprises (SMEs) sector to access financing sources, and given that the PMA oversees the management and regulation of the Credit Information Bureau, which includes a comprehensive database providing relevant credit and demographic information about borrowers and their guarantors, including the SME sector, the PMA has developed the "Inquiry System for Enterprises/Companies Data". This system discloses data of SMEs registered with the Ministry of National Economy through the Credit Information Bureau's database, thereby enabling users from banks, lending institutions, and financial leasing companies to access available SME data from the Ministry of Economy's database. This aims to facilitate and expedite credit decision-making procedures and update enterprise sector data among system users.

Therefore, in order to utilize the system scheduled for launch on July 14, 2019, bank administrations are requested to:

• Circulate to the users nominated by your bank to manage the user rights system under PMA Circulars No. (2016/55) dated April 5, 2016, and No. (2016/103) dated June 14, 2016, the addition of the "Inquiry into Enterprises/Companies Data" right to users selected by the bank administration as deemed appropriate.
• Circulate to users of the "Inquiry into Enterprises/Companies Data" system who have been granted permissions the attached guidelines for using the system.

---

Market Supervision Department
Palestine Monetary Authority

---

Note: www.pma.ps
Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 info@pma.ps | Fax: +970 2 2415310 | Fax | Tel: +970 2 2415251 | Tel Gaza - Palestine P.O. Box 4026 Gaza - Palestine P.O. Box 4026 Fax: +970 8 2844487 | Fax | Tel: +970 8 2825713 | Tel

---

Guidelines for Using the "Inquiry System for Enterprises/Companies Registered with the Ministry of National Economy"

To access the service and execute inquiries for enterprises/companies registered with the Ministry of National Economy, users are requested to follow these steps:

• Click on the "Inquiry into Enterprises Data" icon

• Click on the "Ministry of Economy Inquiry" icon

• The inquiry screen will appear, automatically displaying the following items upon entry:

  • Date of inquiry execution
  • Name of the inquiring bank / institution
  • Branch of the inquiring bank / institution

• The user is requested to fill in the following fields:

  • Enterprise/Company Registration Number
  • Enterprise/Company Name as per the registration certificate

• Click the "Inquiry" box to display the inquiry report and an attached copy, which will contain the following items:

  • Demographic data of the enterprise/company
  • Enterprise owner data
  • Company registration data
  • Authorized signatories
  • Board of directors members

---

Inquiry Report on Enterprises/Companies Data Registered with the Ministry of Economy

Palestine Monetary Authority

Market Conduct Dept.
Credit Bureau

Palestine Monetary Authority

Market Supervision Department
Credit Information Bureau

---

Bank	Branch	Date

---

Demographic Data of the Enterprise/Company

Registration Number	File	Address	Mobile Number	Email Address	Address

---

Enterprise/Company Owner Data

Owner Name	Owner ID Number	Owner Date of Birth	Ownership Percentage

---

Company Registration

Registration Date	Company/Enterprise Status	Company/Enterprise Address	Company/Enterprise Type	Company/Enterprise Nationality	Company/Enterprise Capital

---

Authorized Signatories

Name 1	ID Number

Name 2	ID Number

Name 3	ID Number

---

Board of Directors

Name 1	ID Number

Name 2	ID Number

Name 3	ID Number

---

End of Report

Alert and Disclaimer

The Palestine Monetary Authority is not responsible for the accuracy and completeness of the data contained in this report, and bears no liability arising from any errors or inaccurate/misleading information. The data and information in this report originate from the Ministry of Economy's database and reflect the data extracted regarding enterprises/companies registered with the Ministry without any intervention by the Palestine Monetary Authority.