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Palestine Monetary Authority

Palestine Monetary Authority

General
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Last update: Dec 6, 2024 Last update: Dec 6, 2024
General
Jobs
Shortlists/Awards
Pricing strategy
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Details

Legal residence:Palestine / West Bank & Gaza
Organization type:Government agency
Funding agencies:Other
 Other
Sectors:Banking
 Banking
Sanctions:Check now
Status:
Active

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About

The Palestine Monetary Authority (PMA) is an independent public institution responsible for formulating and implementing monetary and banking policies, to ensure the soundness of the banking sector and the balanced growth of the local economy. The PMA primary goal is to maintain monetary and and financial stability and promote sustainable economic growth through:
 
  • Effectively and transparent regulation and supervision of banks, specialized lending institutions, moneychangers, and payment service providers in Palestine.
  • Supervising the implementation and operation of highly efficient and modern payment systems.
  • Formulating and implementing monetary policy with the aim of achieving monetary stability.

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