His Excellency the Governor of the Palestinian Monetary Authority, Mr. Yahya Shanar, met on Monday, February 3, 2025, at the headquarters of the Palestinian Monetary Authority, with a delegation from the Palestinian Insurance Federation, The delegation included the Chairman of the Union's Board of Directors, Mr. Hamza Sharouf, along with several Union members, in the presence of the Deputy Governor, Mr. Mohammad Mnasera, and a number of department directors.

His Excellency the Governor welcomed the attendees, expressing his appreciation for the efforts of the Palestinian Insurance Federation, in developing the insurance industry in Palestine, raising public awareness about insurance, and improving the quality of insurance services provided to all segments of society. He also praised the insurance sector for its resilience in facing financial challenges and difficulties amid the current circumstances, emphasizing the vital role the sector plays under the Capital Market Authority's umbrella in fostering financial development and ensuring the stability of the national economy.

During the meeting, His Excellency the Governor outlined the ongoing efforts of the Palestinian Monetary Authority to strengthen the banking sector and ensure financial stability, noting the continuous efforts of both the Monetary Authority and the banking sector to restore financial and banking services to the citizens and support the private sector in Gaza. The goal is to achieve sustainable financial stability and stimulate economic development amid the current challenges.

For its part, the Union delegation extended its congratulations to His Excellency Mr. Shanar on his appointment as Governor of the Palestinian Monetary Authority, praising the role of the Monetary Authority in developing financial and banking services, especially in the area of electronic payment systems, which significantly contribute to supporting the insurance sector and facilitating financial transactions.