The effect of COVID-19 on the size of the credit facilities granted in the Palestinian Market
Publication Type
Conference Paper
Authors
  • غسان دعاس
  • نجاة محمود شيران تلالوة
  • هبه عبد الرحمن محمود بدران
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In light of the difficult health and economic conditions in the Arab region in general, and the Palestinian areas in particular, this study aims to shed light on the impact of the Corona pandemic on the volume of credit facilities granted from the banking sector in Palestine. The importance of this study is that it deals with a topic of great importance to maintain the stability of the economic situation and the financial system with banks in particular, which is carried out by the Palestinian Monetary Authority, whose role is limited to maintaining a secure and stable banking system.

This study focused on determining the relative importance of the main effect of Corona pandemic, to enable banks to identify methods of treatment for them. This study used the descriptive approach as data were collected from the Palestinian Monetary Authority website and the Palestinian Ministry of Health website, due to the difficulty of working and distributing questionnaires to Palestinian banks And citizens because of the health conditions that our beloved country lives in ...

This study answered many questions about the volume of credit facilities granted in the market and whether they increased or decreased during the pandemic period, and what is the size of the losses that banks incurred by the end of this year as a result of this virus? And the policies adopted by Palestinian banks to mitigate the effects and consequences of the spreading pandemic.

The study concluded with several results, the most important of which is that the Corona pandemic had a positive impact on the volume of facilities granted in the Palestinian market, as it increased the amount of recommendations from the Palestinian Monetary Authority to facilitate credit dealing, and that all sectors were affected by this pandemic, but to varying degrees.

And the study ended its topic with several recommendations that may contribute to a large degree to limit the aggravation of the problem left by the Corona pandemic, the most important of which is to postpone the installments of borrowers and give them a time limit to manage their financial affairs.

Key words: the coronavirus pandemic, credit facilities, Palestinian banks.

Conference
Conference Title
المؤتمر الثالث المحكّم لكليّة الاقتصاد والعلوم الاجتماعيّة للعام الأكاديمي 2020 - 2021 "تحدّيات الاقتصاد الفلسطيني في مواجهة الضّغط السّياسي وتداعيات أزمة كورونا"
Conference Country
Palestine
Conference Date
April 11, 2021 - April 11, 2021
Conference Sponsor
جامعة النجاح الوطنية