Circular No. 73 New Credit Information Service

Palestine Monetary Authority
Palestine Monetary Authority

Circular No. (73/2007)
To all banks operating in Palestine Date: Thursday, April 26, 2007

Subject: New Credit Information Service

With reference to inquiries received by the Monetary Authority from some banks regarding disclosure in the borrower and facility files for other non-corporate legal entities listed in Annex No. (1), items (2 and 5), and to clarify this, we wish to inform you that minor additions have been made to the aforementioned files according to the attached forms, in which the addition fields have been extended to facilitate identification. Accordingly, we request you to take these additions into consideration when preparing the required files in accordance with standards, noting that the Monetary Authority's working team will commence field visits to the banking sector in the coming days to assess readiness and respond to your inquiries, in preparation for the next step, which involves commencing the receipt of floppy disks from the banks.

Banks Supervision Department
Palestine Monetary Authority

Ramallah - Al Bireh P.O.Box 452, Tel. 02 240 9920, Fax: 02 240 9922 Gaza: P.O.Box 4026, Tel. 08 282 5713, Fax: 08 284 4487 E-mail: info@pma.gov.ps Ramallah - Al Bireh P.O. Box 452: Tel. 02 240 9920, Fax: 02 240 9922 Gaza P.O. Box 4026: Tel. 08 282 5713, Fax: 08 284 4487 www.pma-palestine.org