Relevant Statistics: The Banking Sector in Palestine, 2020

-        From my review of the Palestine Monetary Authority's website, I summarize below some of the banking sector data as of 31-1-2020, where the total deposits on that date amounted to 13,516.3 million US dollars, of which resident deposits amounted to 12,454.8 million dollars..and non-resident deposits amounted to 528 million dollars...Current deposits from the total amounted to 4,881.8 million dollars, while savings deposits amounted to 4,449.7 million dollars, and time deposits amounted to 4,184.8 million dollars...An increase in bank deposits was noted at the end of January–Kanun al-Thani 2020 by 1,235 million dollars compared with deposits at the end of January–Kanun al-Thani 2019...

-         The deposits of the Palestinian National Authority amounted to 348 million dollars, of which 254 million dollars were current account; as for local authorities' deposits, they amounted to 90.3 million dollars, of which 79 million dollars were current account... As for deposits of non-financial public sector institutions, they amounted to 94 million dollars..
In this context, the data referred to above showed that customers' deposits (al-ma‘tamadin) at the end of 1-2020 in the West Bank amounted to 12,212.3 million dollars, of which 5,205 million dollars were non-interest-bearing (the shekel's share was 2,547 million dollars, the dollar 1,543 million dollars, and the dinar 870 million dollars), while customers' deposits (al-ma‘tamadin) in the West Bank that bear interest amounted to 7,007 million dollars (of which the dollar amounted to 2,826 million dollars, then the shekel 2,092 million dollars and the dinar 1,973 million dollars).- As for the Gaza Strip, its deposits on 31-1-2020 amounted to 1,304 million dollars, of which 659 million dollars were non-interest-bearing (where the dollar was 379 million dollars, followed by the shekel 170 million dollars, while the dinar's non-interest-bearing deposits amounted to 83 million dollars), while customers' deposits (al-maghtamadin) in the Gaza Strip that pay interest amounted to 645 million dollars (of which the dollar amounted to 440 million dollars, then the dinar 124 million dollars, while the shekel's interest-bearing deposits amounted to 76 million dollars ).

-        In light of these data, private sector deposits on 31-1-2020 amounted to 12,454.8 million dollars (resident deposits), and 528.4 million dollars were non-resident deposits. Making a total of private sector deposits of 12,983.2 million dollars (of which 4,529.9 million dollars were demand deposits, 4,449.7 million dollars were savings deposits, and 4,003.6 million dollars were time deposits..). As for public sector deposits, as we indicated on the same date, they amounted to 533 million dollars...(of which current was 352 million dollars, and time account 181 million dollars)..

·       Banking facilities

·       As for the banking sector facilities on 31-1-2020, they amounted, as shown by the statistics published on the Palestine Monetary Authority (PMA) page, to 9,278.4 million dollars, of which 7,803.1 million dollars were in the form of loans, 1,381.8 million dollars as overdraft facilities, and 93.5 million dollars in trade finance. The data on banks' facilities showed an increase of 803.4 million dollars compared with January 2019.

·        Private sector facilities – resident – amounted to 7,594.3 million dollars, of which loans amounted to 6,634.8 million dollars, 866 million dollars as overdraft, and 93 million dollars as trade finance..

·       Banking facilities granted in the West Bank amounted to 6,695.3 million dollars, while the Gaza Strip's banking facilities amounted to 899 million dollars..

·       As for public sector facilities, they amounted to 1,616 million dollars, of which loans amounted to 1,101 million dollars..and the remainder 515 million dollars were overdraft...As for nonresident private sector facilities, they amounted to 67.4 million dollars...

·        The tables of banking facilities for the fourth quarter of 2019 – that is, end of 2019 – showed the sectoral distribution of facilities as follows, where the total banking facilities at the end of 2019 amounted to 9,039.1 million dollars:

·       Banking facilities to the public sector amounted to 1,558.1 million dollars, of which 1,540 million dollars were to the Palestinian National Authority, and 18 million dollars to local authorities...
 As for banking facilities granted to the private sector dated 31-12-2019, they amounted to 7,481 million dollars distributed across the following activities:

·        Real estate and construction 1,712.7 million dollars, land development 303 million dollars, mining and manufacturing 477 million dollars, domestic and foreign trade 1,535.6 million dollars (of which 1,348 million dollars domestic trade, and foreign trade 187 million dollars), while agriculture and food processing facilities amounted to 149.7 million dollars, and in tourism, hotels and restaurants the facilities amounted to 81.1 million dollars, transport and communications facilities amounted to 27.6 million dollars, business services and consumer services 937.3 million dollars, financial services facilities amounted to 91.3 million dollars, other public services 846 million dollars (communications, health care, education, public utilities, professional services ..etc), investment in stocks facilities amounted to 36.6 million dollars, vehicle and automobile financing facilities amounted to 370 million dollars..Consumer loans facilities amounted to 1,370.9 million dollars, while facilities under the item Other Services within the private sector amounted to 478 million dollars.....

·        The banking facilities as of 31-12-2019 according to their distribution by governorates amounted as follows:

·       Total banking facilities for the West Bank amounted to 8,131.6 million dollars, distributed by governorates as follows:

·        Ramallah and Al-Bireh 4,706.6 million dollars, Al-Ram 93.5 million dollars, Al-'Ezariya 195.9 million dollars, Bethlehem 468 million dollars, Beit Jala 46 million, Beit Sahour 6 million dollars, Hebron 537.3 million dollars, Jericho 165.7 million dollars, Tulkarm 205 million dollars, Nablus 1,101 million dollars, Salfit 70 million dollars, Tubas 43.6 million dollars, Qalqilya 115.7 million dollars, Jenin 376.6 million dollars...

·       As for the Gaza Strip, the facilities provided by banks to the sector on 31-12-2019 amounted to 907.5 million dollars, distributed as follows:

·       Gaza City 616 million dollars, Khan Yunis 74.8 million dollars, Rafah 56 million dollars, Deir al-Balah 46.7 million dollars, Al-Nuseirat 55 million dollars, Jabalia 58 mlowin dollars...

·        I hope this information is useful to you, and apologies for the lack of time to comment or to present the data in percentages, and it is clear that the banking facilities granted by the banking sector amounted to about 70% relative to deposits in the banking sector approximately...and apologies for any error or oversight that occurred while writing the post

·       31/1/2020