Entry Into Force the New Banking Law as of Saturday

Entry Into Force the New Banking Law as of Saturday

The new law No. (9) for the year 2010 became effective from the date of its publication in the Official Newspaper to replace the Banking Law No. (2) for the year 2002, and shall supersede any contrary provisions of this law.
Liquidation of Al-Aqsa Islamic Bank

Liquidation of Al-Aqsa Islamic Bank

Palestinian Monetary Authority announced that the process of liquidation of Al-Aqsa Islamic Bank has been successfully completed. The liquidation comes to implement the voluntary a decision of the General Assembly of the bank made on 3/31/2010.
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