PMA aims for better credit allocation with upgraded scoring system
Central bank hopes to improve credit allocation and support inclusion
The Palestine Monetary Authority (PMA) has launched a new version of its credit scoring system in an effort to better channel credit to the sectors of the economy it views as most important.
Now in its fourth version, the system calculates credit scores and gives banks and other lenders access to the information to support their lending decisions.
The latest upgrade divides borrowers into individuals and institutions, using a different set of variables to calculate the credit risk of each group
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