Palestine Monetary Authority (PMA)
PMA launches instant payments amid Gaza cash shortage
Instant payments rolled out as most banks in Gaza have suffered “partial or total destruction”
Palestine Monetary Authority launches new payment system
Governor says authority is planning measures to discourage the use of cash
Palestine Monetary Authority governor resigns early
Government quickly nominates senior PMA official to take place of Azzam Shawwa
PMA tries to mediate dispute over bank account closures
Banks in Palestine caught between Fatah gunmen and Israel Defense Forces order
People: Governors reappointed; Fed gets new CIO
Reappointments in Egypt and Palestine; Fed picks chief information officer; new financial stability head in Iceland
Bank of Israel tells banks to close as rocket attacks continue
Supervisors mandate “emergency procedures” as clashes escalate in the Gaza Strip
Palestine’s Shawwa unveils microfinance initiative
Sector is a “central pillar” of Palestine’s financial and social stability, PMA governor says
Outstanding contribution for capacity building: Warren Coats
For his extraordinary life’s work in helping to put more than 20 central banks – from those in former Soviet republics to those recovering from war – on a sounder footing
Palestine launches financial inclusion strategy
PMA hopes to push inclusion rate up to at least 50% by 2025
West Bank weakness drives economic slowdown in Palestine
Palestine Monetary Authority notes “significant drop” in West Bank conditions index
People: Palestine Monetary Authority appoints new deputy governor
New members appointed to Finnish and Swiss boards
PMA stresses accord with Israel as banks threaten to pull out
Governor Azzam Shawwa says Palestinian banks conform to global standards, as the Israeli government steps in to offer assurances to its banks providing correspondent services
Palestine Monetary Authority forecasts slowdown amid ‘political impasse’
Authority sees likelihood of “slackening trend” of growth in coming years as Gaza Strip “siege” continues and restrictions affect the West Bank
People: Sarb reappoints deputy for second term; Central Bank of Kenya looking to replace board
South African Reserve Bank appoints Francois Groepe to serve another term; parliament has approved five new members to the Central Bank of Kenya board, but formal process not yet complete; and more
PMA aims for better credit allocation with upgraded scoring system
Palestine Monetary Authority rolls out latest version of its credit scoring system; new categories and adjusted variables designed to improve credit allocation
Al-Wazir reflects on eight tough years at the PMA
After two terms leading the Palestine Monetary Authority, Jihad Al-Wazir tells Daniel Hinge about his efforts to manage operations in a warzone and improve the central bank against the odds
Shawwa succeeds Al-Wazir as Palestine governor
Azzam Shawwa set to take over as Palestine Monetary Authority chief as Jihad Al Wazir’s eight years at the helm draw to a close
Gaza blockade adds to leap in Palestinian inflation
Low oil prices are not fully offsetting a fuel crisis in the Gaza Strip as a continued blockade causes rapid price rises in certain goods, a Palestine Monetary Authority inflation report finds
World Bank says the PMA is ‘steadily building the capabilities’ of a central bank
World Bank report says the banking sector in Palestine ‘remains healthy thanks to the efforts of the Palestine Monetary Authority’
Palestine Monetary Authority launches new clearing system
Automated clearing system developed in Palestime with technical assistance from the World Bank and Bank of Italy; part of PMA’s wider plans to upgrade retail payment infrastructure
PMA attributes inflation disparity to Egyptian smuggling
The Palestine Monetary Authority blames the divergence between inflation in the West Bank and the Gaza Strip partly on the cheap goods being smuggled into Gaza from Egypt