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UNRWA Savings and Deposit Study

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The United Nations Relief and Works Agency (UNRWA) contracted Banyan Global to review the market for safe savings in the Palestinian territories and propose a range of deposit products and mechanisms that UNRWA could incorporate into its microfinance operations through its microfinance and microenterprise department. Banyan Global’s review includes a market survey and feasibility study to identify the scope for introducing savings services within UNRWA’s microfinance operations, an analysis of the legal and regulatory environment for such services, and a look at UNRWA’s operational procedures to determine what institutional, organizational, human-resource, technical, and IT conditions need to be developed to introduce safe-savings services.