- What is the Association of Banks?
The Association of Banks in Palestine was established in 1998 as a non-profit organization representing the banks operating in Palestine working to care for its interests.
- What are the Associations` targets and purpose of establishment?
Association aims to achieve the following:
- Working with the concerned authorities to develop the regulations and promulgate the legislations to develop the banking profession, in addition to expressing opinions regarding the projects and laws pertaining to financial and banking affairs.
- Plan, organize and implement the necessary mobilization and influence actions with local, regional, and international authorities.
- Holding educational seminars and lectures, as well as training courses about banking and economic issues.
- Complete and develop the organizational and institutional structure of the association and provide an appropriate work environment.
- Preparation studies and research in the banking business, assist and enable member banks to build competitive and sustainable businesses which support customers.
- Enabling the association to achieve financial sustainability, and increase its financial capabilities to achieve its strategic goals.
- Does the Association of Banks work as a syndicate for the banks?
No, the Association of Banks does not work as a syndicate, as it takes care of banks' interests and coordinates among them to achieve their common benefits.
- Does the Association of Banks have supervisory authority on member banks?
No, the Association of Banks does not have supervisory authority on member banks.
- Is the Association of Banks a syndicate for banks' employees?
No, it's only related to the banks and coordinating their works, and has nothing to do with banks' employees.
- Who are the member banks of the Association?
All licensed banks from Palestine Monetary Authority whether it is a Palestinian banks or banks `branches that work in Palestine.