The Palestine Monetary Authority published an update on Governor Yahya Shunnar’s meeting with a Palestinian Insurance Federation (PIF) mission to discuss developments in the insurance sector and the PMA’s ongoing work to strengthen the banking system and maintain financial stability, including efforts to restore financial and banking services and support private sector activity in Gaza. The PIF delegation was led by board chair Hamzeh Shrouf and met with the Governor alongside Deputy Governor Mohammed Manasrah and PMA department directors. The Governor highlighted the insurance sector’s role under the Capital Market Authority, while the PIF mission congratulated Shunnar on his appointment and pointed to the PMA’s work on electronic payment systems as supporting the insurance sector and facilitating financial transactions.
Palestine Monetary Authority 2025-02-03
Palestine Monetary Authority governor meets Palestinian Insurance Federation to discuss financial stability and restoring banking services in Gaza
The Palestine Monetary Authority reported on Governor Yahya Shunnar's meeting with the Palestinian Insurance Federation to discuss insurance sector developments and efforts to enhance the banking system and financial stability, particularly in Gaza. The meeting, attended by PIF board chair Hamzeh Shrouf and PMA officials, emphasized the insurance sector's role under the Capital Market Authority and PMA's initiatives in electronic payment systems.