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Palestine Monetary Authority reveals merging procedures that target 6 banks


Riad Shihadeh the Director of Surveillance and Inspection at Palestine Monetary Authority revealed targeted procedures to liquidate and merge 6 banks into 3. He pointed out in his conversation to “WAFA” that the resolution of banks merges to be implemented during this year and in the early of next year, and this was due to banks failure to meet the monetary authority’s conditions of raising their capital to $50 million.


Al-Quds Index at its highest level in three years

Al-fiter holiday announcement

Delisting the Arab Palestinian Shopping Center BRAVO from the PEX

Al-Quds Index rebounds upwards in mid-June

Al-Quds Index in the red zone in the second week of Ramadan

New anticipations appear with the start of June



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