Hashim Shawa

General Manager

Chairman Of the Boad

Thank you for your interest in Bank of Palestine.In 1960, BOP was established as a small retail bank principally serving small businesses. We have steadily grown to become Palestine's largest financial services network offering full personal & business banking and more recently the first bank in the region to establish its own e-payment provider. As you will find in our 2013 report, we have been hard at work evolving our capabilities and strategies for growth management, and look forward to strenghtening our position as a bank of the future.
Download our 2013 Annual Report

Al Wasata Securties Co. is Bank of Palestine's stock trading and investment arm.
www.alwasata.com

In the first half of 2014, Bank of Palestine continued to be profitable and resilient, showing strong increases in several key performance indicators, despite regional instability and a challenging macroeconomic environment; net profit reached USD 18.89 million, compared with USD 18.71 million at the end of June 2013; assets increased to reach USD 2.63 billion compared to USD 2.35 billion at the end of 2013 (an increase of 11.83%); and owner’s equity reached USD 261 million compared to USD 252 million at the end of 2013 (an increase of 3.56%). The bank’s market share reached 24.29% and 21.27% in loans and deposits respectively. During the first half of the year, the bank continued its efforts in playing a vital role in economic growth by increasing our lending to all segments of the economy, thus increasing the loans portfolio by 7.9% to reach USD 1.19 billion, compared with USD 1.1 billion as at end of December 2013. Deposits also witnessed a steady increase of 6.84% to reach USD 1.86 billion at end of June 2014, compared with USD 1.75 billion at end of 2013.

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