Bank of Palestine has a long embedded presence and experience in Palestine dating back to 1960. Bank of Palestine is constantly growing to be financially inclusive, and socially responsible at the cutting edge of global financial practice and innovation. The bank has the most widespread branch network in Palestine (74 branches), a paid up capital of $200 million, and assets of over USD 4.76 billion, with 1,731 employees serving more than 917,076 customers. BOP is engaged in retail, corporate, micro & SME, and Diaspora banking operations. BOP is the sole agent for issuing and acquiring Visa and MasterCard in Palestine with over 5,451 Point of Sale merchant terminals nationwide. BOP is involved in large project finance loan syndications. It adopts a holistic sustainability strategy; and has as such worked with the International Finance Corporation (IFC) to develop a stringent risk management & governance structure. BOP has been the leader in Corporate Social Responsibility (CSR) in Palestine dedicating 5% of its net profit to community & human development.
In 2007 Bank of Palestine founded Al-Wasta Securities Co. to operate as Bank of Palestine’s investment arm. In addition, Bank of Palestine inaugurated PalPay® in 2011 in order to facilitate electronic payments through a large network of 5,000 Points of Sale distributed in commercial supermarkets, hotels, restaurants, public services centers,etc.
We aspire to become a valued & distinguished financial and banking institution on both the local and regional levels.
Bank of Palestine is endowed with a mission rooted in a value system that is humane and friendly, promoting real practice of inclusive banking and customer care. We will strive to grow while remaining local at heart with global standards, but energized with agile innovation in finance and banking in order to impact positively human and economic development at home and in the globe.
- To achieve a steady increase of our shares in the Palestinian banking market
- To provide quality financial and banking services with optimum performance
- To keep up with the latest global technological developments to serve the best interests of our customers
- To assist in the development and growth of a modern Palestinian society
- To upgrade and advance Bank of Palestine’s administrative and professional level of performance
- To continue to create new programs and services which meet the needs of customers and citizens
- To expand locally, regionally and globally
The Late Haj Hashem Atta Shawa
Founder of Bank of Palestine in 1960
He dedicated his life to the service of his country and people, stood firm in the face of adversity, and with courage and determination laid the foundations for the first national bank and one of today’s leading drivers of economic change in Palestine.
The Late Dr. Hani Shawa
Chairman and General manager 2002-2007
He was a true champion of professionalism and modernization. We would not be Palestine’s largest and most successful bank without his ardent dedication, wisdom and vision, which guide and inspire us to this day.