Press Releases

In the presence of officials and the general public and in cooperation with the Ministry of Education, the Association of Banks in Palestine and UNRWA , The Palestine Monetary Authority (PMA) launched the second Child & Youth Banking Week on Saturday 16/3/2013 at Ramallah Cultural Palace in order to promote knowledge of banking and finance and expand its remit to the widest possible segments of society, as well providing an opportunity for increasing awareness on banking and finance and guiding students in making sound financial decisions in the future.

The PMA has organized a banking meeting that took place in Aldeira Hotel in Gaza City. The meeting was held in participation of Dr. Jihad Al Wazir - Governor of the PMA, directors of banks' branches operating in Gaza, as well as the PMA astaff. This event has been held in preparation for the launch of the Second Child and Youth Banking Week in West Bank and Gaza.

The Palestine Monetary Authority - PMA and Palestine Stock Exchange- PEX started the implementation of cash settlements for stock market trading, through the PMA’s Real-Time Gross Settlement System (BURAQ).

Under the patronage of Dr. Jihad Al-Wazir, Chairman of the National Anti-Money Laundering Committee, and upholding the principle of local cooperation and coordination to combat money laundering; five memorandums of understanding were signed by the Financial Follow-up Unit (FFU).

Dr. Jihad Al Wazir, Governor of Palestine Monetary Authority; participated in the sixteenth annual meeting of the Institute of International Finance, that was hosted by Qatar National Bank and headed by the CEO of QNB Ali Al Emadi.