BOP Annual Assembly General Meeting to take place on 26-04-2013

BOP Annual Assembly General Meeting to take place on 26-04-2013

 

 

 

 

At their meeting held on March 24, 2013, Bank of Palestine's board of directors scheduled the bank’s Annual Assembly General Meeting (AGM) to take place on Friday, April 26, 2013 at 10:00 am at the bank’s headquarters in Ramallah and via videoconference at the bank's headquarters in Gaza. They also recommended the distribution of USD 26,050,000 (19.44% of the nominal value of the share) from realized profits to shareholders as follows:

• USD 16 million (11.94% of the nominal value of the share) as stock dividends in proportion to each shareholder’s ownership in paid capital as of April 25, 2013, which will increase the bank’s paid capital to USD 150 million.
 

• USD 10,050,000 (7.5% of the nominal value of the share) as cash dividends in proportion to each shareholder’s ownership in paid capital as of April 25, 2013.
 

Share News

Related News

ضمن الجسر الإغاثي والإنساني المتواصل تجاه أهلنا في قطاع غزة بنك فلسطين يساهم في تنفيذ تدخلات إنسانية وإغاثية جديدة لصالح أهلنا شمال القطاع بالشراكة مع جمعية عطاء فلسطين

واصل بنك فلسطين مساهماته الإنسانية تجاه أهلنا في قطاع غزة، حيث قام بتنفيذ جملة جديدة من التدخلات الإغاثية والإنسانية لصالح مئات العائلات النازحة في مراكز الإيواء شمال قطاع غزة الذي بات يعاني أوضاعاَ إنسانية وصحية خطيرة جداً جراء الحرب

Proparco and FISEA+ partner with Bank of Palestine in its commitment to support entrepreneurs and the digital economy in Palestine

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 Palestine in support of SME businesses in anticipation of economic recovery

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).