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2024-09-12

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Circular No. 2024/88 Correspondence Regarding Cooperative Societies and Unions

The Palestine Monetary Authority issued Circular No. 2024/88 to authorize the signature of Mr. Munif Abdul Jawad Abdul Rahman Rimawi, acting head of the Cooperative Work Authority, on all transactions and documents addressed to banks concerning cooperative societies and unions. This directive supersedes and cancels the previous Circular No. 2023/116. The circular serves as official notification from the Minister of Labor to all banks operating in Palestine regarding the updated signatory requirements.

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Palestine Monetary Authority

Circular No. (2024/88)
To all banks operating in Palestine
Date: Thursday, September 12, 2024

Subject: Correspondence Regarding Cooperative Societies and Unions

Attached is a letter from His Excellency the Minister of Labor, Dr. Inas Al-Atwari, Chairman of the Board of Directors of the Cooperative Work Authority, regarding the request to approve the signature of Mr. Munif Abdul Jawad Abdul Rahman Rimawi, Acting Head of the Cooperative Work Authority, on all transactions, correspondence, and documents addressed to banks concerning cooperative societies and unions.

Furthermore, Circular No. (2023/116) is hereby repealed.

Supervisory Group
Palestine Monetary Authority

Copy: His Excellency the Minister of Labor, may God protect him - Chairman of the Board of Directors of the Cooperative Work Authority.

www.pma.ps

Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 info@pma.ps | Fax: +970 2 2415310 | Tel: +970 2 2415251 | Postal code: P6160675

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Circular No. 116 of 2023Circular No. 116 of 2023Circular No. 2024/88Correspondence Regarding Coop…2024-09-12 · this documentCircular No. 2024/88 Correspondence Regarding Cooperative Societies and Unions (2024-09-12)
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Source: Palestine Monetary Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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