Increase in Deposits and Facilities, Decrease in Bank Profits during October
Palestinian Banks Association's Monthly data showed the high volume of customer deposits in banks during October / last October to 10.410 billion dollars, compared with 10.408 billion in October.
On the other hand, banking facilities rose by about 80 million US dollars to 6.547 billion dollars, up from 6.467 billion dollars in the previous month.
However, banks and Monetary Authority deposits rose by $174 million, or about 16% from the previous month to reach about 1.287 billion dollars.