News

As part of its ongoing relief efforts, Bank of Palestine launched humanitarian interventions in nort...

As part of the continuous relief and humanitarian efforts toward people in the Gaza Strip, Bank of Palestine contributes to implementing new humanitarian and relief interventions people in the northern part of Gaza in partnership with the Atfal Palestine Association

Proparco and FISEA+ partner with Bank of Palestine in its commitment to support entrepreneurs and th...

Bank of Palestine (BoP) remains resilient in pursuing its development mission by providing support and meeting the needs of Palestinian entrepreneurs and start-ups. In addition to catering to the needs of the innovative eco system, the bank is supporting the digital transformation in the local economy and particularly SMEs. To this effect and in support of Palestine's leading bank in its development efforts towards these two segments, Proparco and FISEA+ have granted two technical assistance subsidies totaling €1,340,000 to the bank. These funds will enable BoP to carry out its mission of supporting a resilient entrepreneurial ecosystem, one by backing the activities of its Intersect incubator for local start-ups, the other by improving access for Palestinian SMEs to the digital tools that are essential for their business

IFC, PROPARCO & SANAD Fund for MSME Sign a USD 65 million financing agreements with Bank of Palesti...

Bank of Palestine signed today a USD 65 million financing agreement with a consortium comprised of the International Finance Corporation (IFC), PROPARCO, the Investment Arm of the French Development Agency, and SANAD Fund for MSME’s, in support of the Bank’s programs to support economic recovery in Palestine with a focus on small and medium enterprises (SMEs).

IFC & EBRD Invest in Bank of Palestine’s Capital to Support the Bank in Local Economic Recovery, Gro...

The International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) joined forces in a consortium to invest in Bank of Palestine (BOP). The investment is a strategic bid by the two Development Finance Institutions (DFIs) to further boost the capital base of Bank of Palestine in support of its role in economic recovery and reconstruction efforts in Palestine in addition to intended regional expansion by the bank in the GCC, North Africa and the Levant

Bank of Palestine and TechnoPark Forge Strategic Partnership to Boost Innovation and Entrepreneurshi...

Bank of Palestine and TechnoPark Forge Strategic Partnership to Boost Innovation and Entrepreneurship in Palestine

A strategic partnership is sealed between BANK OF AFRICA and BANK OF PALESTINE

BANK OF AFRICA and BANK OF PALESTINE (BOP) sealed, on this day of Tuesday, May 7, a multidimensional strategic partnership, driven by common values, shared between the two groups, namely Sustainable Development, financial inclusion and support for entrepreneurship. This partnership aims primarily to strengthen economic cooperation between Palestine and Morocco.

The Palestine Investment Fund is a strategic partner with Bank of Palestine in supporting the RISE P...

Bank of Palestine and the Palestine Investment Fund signed an Agreement of Strategic Partnership to support the initiative "RISE Palestine" targeting, under difficult circumstances, support for the Innovation Ecosystem and new technology companies in Palestine - one of the harsh realities of the war-torn Gaza Strip. This shall be implemented through Intersect, a leader in social impact, leadership, and innovation within Bank of Palestine Group

Bank of Palestine Concludes Second Phase of Humanitarian Efforts During Ramadan and Eid, Benefiting...

Bank of Palestine concluded the second phase of its humanitarian and relief work launched at the beginning of Ramadan, covering more than 25,000 beneficiaries in the Gaza Strip and the West Bank. This step comes within the continued relief bridge and in cooperation with local and international bodies that the Bank has been implementing during the month of Ramadan and Eid al-Fitr.

Bank of Palestine and EBRD Announce $30 Million Partnership to Support Palestinian SMEs

The European Bank for Reconstruction and Development (EBRD) is supporting Palestinian micro, small, and medium-sized enterprises (MSMEs) by providing a financing package of US$ 30 million to Bank of Palestine, the largest bank in the West Bank and Gaza and an EBRD client since 2020.

Bank of Palestine Contributes to Providing 1,000,000 Meals in the Gaza Strip and Thousands of Meals...

Bank of Palestine has started contributing to providing 1,000,000 meals in the Gaza Strip for thousands of affected and displaced individuals. In addition, food parcels are being distributed in the West Bank during the holy month of Ramadan, continuing the bank's humanitarian efforts as part of the relief bridge it launched at the beginning of the war. This initiative is being carried out in partnership with several local and international organizations, as part of the Ramadan campaign "All for One, Ramadan Goodness is Found in Hope."

Bank of Palestine Group and Taawon Foundation partner with $2 million annually to support 20,000 orp...

With an annual contribution of $2 million, Bank of Palestine Group and the Taawon Foundation launch a strategic partnership to support 20,000 orphans in Gaza through a program providing humanitarian, educational, and health services.

Bank of Palestine's Relief Bridge and Humanitarian Aid for Gaza, Partnering with ANERA and Global Co...

Bank of Palestine announced new humanitarian interventions to be implemented as part of its continued relief efforts in support of Gaza. The new interventions will provide life-saving food aid through long-term solutions and bathroom facilities to provide a healthy environment are partnership with Global Communities and ANERA for the benefit of thousands of displaced families in shelter centers in the southern Gaza Strip

Bank of Palestine provides WFP $500,000 donations to support relief efforts for Displaced Individual...

Bank of Palestine provided an emergency donation of $500,000 to support the United Nations World Food Programme – WFP to provide food supplies for hundreds of thousands of displaced individuals at the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) schools in the Gaza Strip.

Bank of Palestine Group Signs the UN Principles for Responsible Banking

Bank of Palestine Group, has become an official Signatory of the UN Principles for Responsible Banking (PRB) – a single framework for a sustainable banking industry developed through a partnership between banks worldwide and the United Nations Environment Programme Finance Initiative (UNEP FI). (www.unepfi.org/responsiblebanking)

Bank Of Palestine Brings Apple Pay to Customers

Bank of Palestine today brings its customers Apple Pay, a safer, more secure, and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction

Ghanam and Bank of Palestine Deliver Financial Support for the Rehabilitation of the Khalil Abu Riya...

Dr. Leila Ghannam, Governor of Ramallah and Al-Bireh, along with a delegation from Bank of Palestine, handed over financial support to the management of the Khalil Abu Riya Medical Rehabilitation Center, which is affiliated with the Friends of the Patient Association. This support, provided by the bank, aims to assist in equipping the center’s children's department. The initiative is part of the strategic plan of the Ramallah and Al-Bireh Governorate, in partnership with the Governorate's Friends Network from the private sector, to support the most vulnerable groups in society and the institutions that care for them.

Bank of Palestine Becomes the First Bank in the Middle East to Sign Up to Citi’s Sustainable Deposit...

Ramallah- June1, 2023: Bank of Palestine (BOP) has become the first bank in Palestine and the Middle East to deposit funds in Citi’s Sustainable Deposit Solution. Citi’s Sustainable Deposit Solution supports clients when investing their excess cash and meeting their sustainability goals.

Bank of Palestine Group achieves profits of $20.6 million in the first quarter of 2023, with a growt...

Chairman of the Board, Hashim Shawa: The results reflect a sustainable development strategy to serve our customers and community. Bank of Palestine Group achieves profits of $20.6 million in the first quarter of 2023, with a growth rate of 17% and assets exceeding $6.5 billion.

Bank of Palestine Supports Educational Visits to Schools Through the Mobile Educational Museum

In Partnership with the Institute of Biodiversity and Sustainability at Bethlehem University, Bank of Palestine Supports Educational Visits to Schools Through the Mobile Educational Museum

Bank of Palestine contributes to the establishment of a graduate studies and research laboratory at...

Bank of Palestine made a contribution to the establishment of a graduate studies and research laboratory at Palestine Polytechnic University in Bethlehem, in order to encourage scientific research and the development of research projects aimed at serving researchers, faculty members, and students in conducting their research and studies.

The General Assembly of "Bank of Palestine" approves the distribution of cash dividends and free sha...

The General Assembly of Bank of Palestine held its annual meeting on April 5, 2023, at the bank's headquarters in Ramallah, with video conference participation from Gaza City. The meeting was attended by key officials, including Chairman Hashem Shawa and General Manager Mahmoud Shawa, alongside board members, auditors, and representatives from the Ministry of National Economy, Palestinian Monetary Authority, and Palestinian Capital Market Authority, with a quorum of approximately 97.76%.

Bank of Palestine launches a new campaign to encourage payments through the bank's cards and other b...

Bank of Palestine launched a new campaign to encourage payments through its Point of Sale (POS) machines under the slogan "No matter what your bank is, both you and the merchant are winners." The campaign targets Bank of Palestine customers as well as customers of local and foreign banks who use their plastic (bank) cards, in addition to merchants using Bank of Palestine’s POS machines. The new campaign offers the opportunity to win 10 daily prizes equivalent to the purchase value in various Palestinian cities and governorates.

Bank of Palestine Donates Half a Million Dollars to Support 5,000 Palestinian Families During Ramada...

Bank of Palestine has donated $500,000 to support 5,000 underprivileged families across the country in celebration of the holy month of Ramadan. The donation aims to provide smart cards for purchasing food supplies through the World Food Programme (WFP) and Global Communities, using electronic payment systems and payment centers authorized by "PalPay."

Bank of Palestine Issues Its First Sustainability Report According to Global Reporting Initiative (G...

Bank of Palestine has issued its first sustainability report titled "For a Green and Sustainable Future," in line with the Global Reporting Initiative (GRI) standards. This report underscores the bank's commitment to periodic and voluntary disclosure of its best practices in applying sustainability principles, engaging with all segments of society, and measuring the impact of these interactions on the environment. Through this report, the bank aims to demonstrate its transparency in addressing environmental, social, and governance (ESG) factors, reinforcing its role in promoting a sustainable future.

Bank of Palestine Provides Support to Birzeit University to Develop Projects Serving People with Dis...

Bank of Palestine and Birzeit University signed an agreement aimed at supporting students with disabilities, as part of Bank of Palestine's sustainability strategy. The agreement involves funding priority needs at Birzeit University, including setting up a computer lab and preparing facilities and entrances to some buildings and faculties to accommodate people with disabilities.

Bank of Palestine" launches a campaign to defer installments during the holy month and holidays

Bank of Palestine has launched a campaign for its clients from both the public and private sectors, aiming to defer all types of loans, except for car loans and university loans, in celebration of the approaching holy month and blessed holidays. The campaign will allow clients to defer their monthly installments for a period ranging from one to three months, without any fees, and this can be done once during the campaign period

The Japan International Cooperation Agency (JICA) Invests 30 Million USD in the First Additional Tra...

The Japan International Cooperation Agency (JICA) Invests 30 Million USD in the First Additional Tranche of Bank of Palestine's Capital, a First of Its Kind in Palestine to Enhance the Bank's Ability to Support Small and Medium Enterprises

Bank of Palestine Contributes to Relief Efforts for Palestinian Refugees Affected by the Devastating...

Bank of Palestine has announced its financial and in-kind contribution to assist Palestinian refugees affected by the devastating earthquake that struck Syria and Turkey, in line with its social responsibility. The aid will be distributed through the efforts of the Palestinian Red Crescent Society to help Palestinian victims overcome this crisis.

Proparco and the European Union Renew Agreement with Bank of Palestine to Finance Small and Medium E...

Proparco and the European Union Renew Agreement with Bank of Palestine to Finance Small and Medium Enterprises with a Value of $9.2 Million

Bank of Palestine Contributes to Supporting the Office Management and Automation Diploma Implemented...

To develop the administrative and financial skills of Jerusalemite women... Bank of Palestine Contributes to Supporting the Office Management and Automation Diploma Program Implemented by the Young Women's Christian Association (YWCA) in Jerusalem.

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