Regulatory Alerts2011-12-12
Added · Updated
Liquidity Instructions No. 11 of 2011
The Palestine Monetary Authority issued Instruction No. 11 of 2011 to repeal Liquidity Instruction No. (2011/4) dated August 29, 2011, which established a minimum cash liquidity ratio. The directive reinstates the provisions of Instruction No. (2008/5) dated December 29, 2008, effective immediately. All banks operating in Palestine must comply with the restored liquidity requirements under the authority of Banking Law No. (9) of 2010.
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