Regulatory Alerts2008-01-01
Circular No. 111: Number of Granted Facilities Files
The Palestine Monetary Authority issued Circular No. 111 to mandate all operating banks in Palestine to report quarterly data on active customer facilities to the Credit Information Office. The directive requires banks to submit counts of direct and indirect facilities, including non-performing loans and issued credit cards, within five working days of each reporting period beginning December 1, 2008. Compliance must follow the specified tabular format to ensure accurate credit market monitoring.
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