News

Japan International Cooperation Agency and Bank of Palestine sign an agreement for an Additional Tie...

Japan International Cooperation Agency-JICA and Bank of Palestine-BOP signed a USD$30 million Loan agreement for an Additional Tier 1 Investment in the capital of the bank. This loan agreement is intended to boost the capital of the bank for the purpose of lending SME projects. The loan is perpetual but can be converted into common equity shares should an agreed upon trigger event occurs. The instrument will enter into effect later in 2023 and will require the approval of the bank's general assembly

Bank of Palestine Contributes to Assisting Palestinian Refugees Affected by the Devastating Earthqua...

Bank of Palestine Announces Cash and In-kind Contribution to Assist Palestinian Refugees Affected by the Devastating Earthquake in Syria and TurkeyBank of Palestine announced its provision of both cash and in-kind contributions to assist Palestinian refugees affected by the devastating earthquake that struck Syria and Turkey, in line with its social responsibility. These aids will be distributed through the efforts of the Palestinian Red Crescent Society to support Palestinian victims in overcoming this calamity.

Proparco and the European Union support Bank of Palestine in financing high impact SMEs

After an equity investment in the bank in July 2021 and the provision of a 30 MUSD green loan (SUNREF) earlier that year, Proparco continues to support Bank of Palestine, the leading banking group in the West Bank and Gaza, by granting an ARIZ MENA portfolio guarantee funded by the European Union (EU) to the Bank of Palestine (BOP) of 9.2 MUSD, Proparco aims to foster financial inclusion and strengthen the Palestinian private sector, particularly high impact MSMEs

Bank of Palestine Group announced its financial results reporting net profit for the three-month per...

Bank of Palestine Group (BoP) announced its financial results reporting net profit for the three-month period ended 2022 of USD 17.6 million and revenues of USD 70.5 million compared to net profit of USD 11.3 million and gross profit of USD 61.5 million for thesame period ended 2021. Flat assets with slight change to USD 6.48 billion compared with USD 6.51billion at the end of 2021. The Bank’s total shareholders' equity also increased to USD 514.6 million compared with USD 496.1 million at the end of 2021.

Under the Felestineya program, Bank of Palestine launches two bundles for businesswomen and women en...

Stemming from its efforts to develop tools, programs and activities that aim to empower and promote women entrepreneurs and business owners to develop and expand their Business

Switching from LIBOR to SOFR

The main objective of this document is to educate Bank of Palestine customers and all concerned parties about the transition from using LIBOR (interest rate index)

Bank of Palestine Launches QR Code Payment Service for Merchants via Banking App

Bank of Palestine has launched a new digital payment service that allows its customers to make instant payments to merchants easily, securely, and in a short time, with quick and safe steps using a QR code through the "Banky" app

Bank of Palestine, Proparco and EU Launch Sunref II Green Finance Program

Bank of Palestine (BOP) and Proparco in cooperation with the EU jointly announced the signing of Sunref II Green Program after successfully completing Sunref I.

Coinciding with the International Day of Persons with Disabilities, and stemming from its efforts to...

Bank of Palestine and the Ministry of Labor launch a financial facilities portfolio in the amount of one million dollars for persons with disabilities, with support from the Palestinian Monetary Authority’s Sustainability Fund

In support of the sustainability of women’s projects in Palestine, Bank of Palestine offers exclusiv...

As part of the Felestineya Program

Contributing to the sustainability of art and cultural institutions in Jerusalem

With sponsorship from Bank of Palestine, the Palestinian Art Court - Al Hoash, inaugurates its first exhibition entitled “and we still follow its path”

Bank of Palestine sponsors the first cross-country race for the UNRWA schools in Jericho

The Palestinian Athletics Federation

Bank of Palestine Group provides main sponsorship for the Palestine Real Estate Exhibition 2021 to e...

The exhibition will provide both participants and visitors the opportunity to become acquainted with this vast sector

The Ministry of National Economy and Bank of Palestine conclude awareness sessions for women owners...

stated that the aim of these meetings is to formally and systematically organize the businesses and projects of women entrepreneurs

Bank of Palestine Group (BoP) announced its financial results reporting net profit for the third qua...

NET REVENUE (GROSS PROFIT) OF $194.5 MILLIONNET PROFIT OF $44.8 MILLIONEARNINGS PER SHARE OF $0.19

Bank of Palestine signs an agreement with the Ramallah Municipality to implement the environmental a...

To create sustainable projects that promote health and environmental awareness

Stemming from its continuous efforts to develop the sports sector in Palestine, Bank of Palestine ex...

Bank of Palestine signed a cooperation and partnership agreement with the Palestinian Athletics Federation in order to support and develop the activities of the Federation

Bank of Palestine completes a Special Issuance of shares raising its subscribed capital

Part of the Deal with AFD Group’s Investment Vehicle - FISEA

Bank of Palestine, in partnership with the European Bank for Reconstruction and Development (EBRD),...

Within the framework of sustainability initiatives

Bank of Palestine innaugurates the Child-Friendly Space project at the SOS Village in Bethlehem as p...

The General Manager of Bank of Palestine, Mr. Mahmoud Al Shawa, expressed his happiness and pride in inaugurating this important project in partnership with the SOS Children’s Villages

In celebration of the 60th anniversary since their establishment, Bank of Palestine and Akram Sbitan...

The campaign, which will last for 60 days, covers a package of devices available at Akram Sbitany and Sons Company branches in the West Bank and the Gaza Strip, providing wide options for Easy Life users to meet their various needs.

Bank of Palestine donates a bus for the August Victoria Hospital in Jerusalem to transfer patients f...

The bus was handed over in the presence of Mr. Mahmoud Al Shawa, the General Manager of Bank of Palestine, accompanied by a delegation from the bank’s upper management, and Dr. Walid Nammur, the Executive Director of the August Victoria Hospital, accompanied by representatives from the hospital’s administrative and medical staff.

Bank of Palestine and Jafra sign and agreement for the development of the Palestinian music industry...

Based on this agreement, Bank of Palestine will sponsor and support Ghazal project, which is considered one of the largest online sites for Palestinian music

Bank of Palestine and the UNFPA sign a cooperation framework to support adolescents and youth in the...

This cooperation involves the provision of support for summer camps implemented by the UNFPA through the activation of a partnership with the Qattan Foundation

France's Proparco enters as a partner and strategic investor with Bank of Palestine by investing $12...

Al Shawa: “This enhances the confidence of international investors in our ability to succeed in the most difficult circumstances.”

Bank of Palestine and Ommar El Ard Company sign a cooperation agreement for the preservation of the...

Bank of Palestine began implementing the agreement starting from the bank’s headquarters in Ramallah

Bank of Palestine launches a special campaign for students who passed their Tawjihi examinations. Th...

$1,960 per prize…

Bank of Palestine relaunches the Pointcom program with new features for customers

Customers are automatically enrolled in the program when they open an account

EBRD and Bank of Palestine boost trade in the West Bank and Gaza

US$ 5 million trade finance limit

Bank of Palestine Group launches “Palestine in the Heart” campaign in support of Humanitarian Relief...

Bank of Palestine Group launches “Palestine in the Heart” campaign in support of Humanitarian Relief efforts in Gaza & West Bank while providing immediate in kind support on ground to UNRWA shelters

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