Rule · PMA · 4 Feb 2015
The Palestine Monetary Authority issued Circular No. 13/2015 to mandate all lending institutions operating in Palestine to update their credit reporting data. The circular requires institutions to classify Palestine Monetary Authority employees under the specific code (4000) designated for private sector staff within the Credit Information System (Sijili). Institutions must promptly review and amend these employee classifications to ensure accurate system reporting.
Circular No. (13/2015)
To all lending institutions operating in Palestine Date: Monday, February 04, 2015
In compliance with the instructions of the Credit Information System (Sijili) and to regulate the proper borrowing process regarding the borrower status of Palestine Monetary Authority employees, all lending institutions are requested to adopt code (4000) specified in the instructions for private sector employees and classify them in the system's data using this code.
Accordingly, all institutions are requested to review the classification of Palestine Monetary Authority employees on the aforementioned system and amend it in accordance with the content and provisions of this circular as soon as possible. Please note that this measure is solely for the purpose of using the aforementioned system.
Public Relations and Market Discipline Department Palestine Monetary Authority
Ramallah - Palestine P.O. Box 452 | Tel: +970 2 2415250 | Fax: +970 2 2409922 Gaza - Palestine P.O. Box 4026 | Tel: +970 8 2825292 | Fax: +970 8 2844487 Email: info@pma.ps Ramallah - Palestine P.O. Box 452 | Tel: +970 2 2415250 | Fax: +970 2 2409922 Gaza - Palestine P.O. Box 4026 | Tel: +970 8 2825292 | Fax: +970 8 2844487 Email: info@pma.ps www.pma.ps
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