Bank of Palestine

Bank of Palestine has a long embedded presence and experience in Palestine dating back to 1960. The bank is now the largest Palestinian bank with the most widespread branch network in Palestine, a paid up capital of $134 million, and assets of over $1.7 billion, with 1,100 employees serving around 600,000 customers. Operating as a universal bank, BoP is engaged in retail, corporate, micro and SME, and Diaspora banking operations, with the largest card processing operations in Palestine; BoP is the sole agent for issuing and acquiring Visa and MasterCard in Palestine with over 5,000 Point of Sale merchant terminals nationwide. Recently, BoP has also been playing a leading role in some of the largest project finance loan syndications in Palestine. Bank of Palestine adopts a holistic sustainability strategy and has been the leader in Corporate Social Responsibility (CSR) in Palestine dedicating 5% of its net profit to community development. Bank of Palestine's stock (PEX: BOP) has been listed on the Palestine Exchange (PEX) since 2005. It is among the market's blue chip stocks, and represents around 14% of total PEX market capitalization.