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 2013, Bank of Palestine continued to be profitable and resilient, showing strong increases in its main key performance indicators. Profit before tax of USD 53,037,996 in 2013, an increase of 6.15% compared with 2012. The bank’s net profit for the same period reached USD 40,438,831, an increase of 5.45%. As at the end of 2013, Bank of Palestine's total assets increased by 17.14%, to reach USD 2,348,045,943 - maintaining the top rank as the largest Palestinian company in terms of financial assets. Total shareholders' equity reached USD 252,018,974, an increase of 14.05% compared with 2012, and paid-up capital also increased by 11.94% to reach USD 150,000,000. During this period, customer deposits reached USD 1,745,563,265, an increase of 12.29% compared with 2012 and the loans’ portfolio reached USD 1,103,641,018 compared with USD 976 million at the end of 2012, an increase of 13.03%.

award ir