RegAlert

Rule · PMA · 27 Mar 2025

Summer Time in Palestine No. (27)

The Palestine Monetary Authority requires all banks operating in Palestine to commence summer time on Saturday, April 12, 2025, by advancing clocks forward by sixty minutes. This directive, issued under Article 73 of Banking Law No. 9 (2010) and endorsed by the Council of Ministers, applies to all banking institutions and is coordinated with the Capital Market Authority, Palestine Exchange, Palestinian Deposit Insurance Corporation, and Financial Monitoring Unit. Banks must adjust their operational hours and public-facing schedules accordingly to align with the new time standard effective immediately upon publication.

PalestinePalestine Monetary Authority

Palestine Monetary Authority

Circular No. 27/2025
To all banks operating in Palestine Date: Thursday, March 27, 2025

Subject: Summer Time in Palestine

Based on the provisions of Article No. (73) of Banking Law No. (9) of 2010, and in consultation with the esteemed decision of the Council of Ministers, we inform you that summer time will commence in Palestine as of Saturday morning, April 12, 2025, by advancing the clock hands forward by (60) minutes.

Supervision Group
Palestine Monetary Authority

Copies to:

  • The respected Capital Market Authority.
  • The respected Palestine Exchange.
  • The respected Palestinian Deposit Insurance Corporation.
  • The respected Financial Monitoring Unit.

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

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Law No. (9) of 2010 concerningBanks2018 · PMALaw No. (9) of 2010 concerning Banks (2018-09-10)Summer Time in Palestine No.(27)2025-03-27 · this documentSummer Time in Palestine No. (27) (2025-03-27)
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