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Customer deposits in Palestine increased by by 8.9%

Palestine Economy Portal

Customer deposits at banks operating in Palestine increased by the end of May by 8.9 percent to nearly $ 13.513 billion compared to the same period a year ago.

The data of the Palestinian Monetary Authority, seen by the Palestine Economy Portal, showed that private sector deposits increased by 8.55 percent to reach about 12.984 billion dollars.

While public sector deposits increased during May on an annual basis by 19.5 percent, while it decreased on a monthly basis by 4 percent to reach $ 528.2 million.

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