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PDIC Hands Response to SAACB Report

Counselor Eyad Tayyem and chairman of Monetary Authority and the Palestine Deposit Insurance Corporation (PDIC) Mr. Azzam esh-Shawwa discussed means of action development, where the latter handed PDIC preliminary response to SAACB report.

Counselor Tayyem reiterated that the Corporation is vital to safeguard deposits of bank clients, that Monetary Authority is important for financial stability and continued cooperation with SAACB.

Mr. esh-Shawwa said it is necessary to observe SAACB recommendations in the audit report professionally set, and that action of audit teams will be facilitated. Both agreed to cooperate in order to bring the public interest, so each entity could fulfill respective legal mandate.

Date of Publication- 2/25/2018


 
         

 

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