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Bank of Palestine P.L.C

Sector: Residential • Location: West Bank and Gaza

Source: International Finance Corporation (IFC)

Project
Active

Bank of Palestine (BoP or the Bank) is the first and largest national bank with a well diversified branch network with 31 branches in West Bank and Gaza. Established in 1960, originally in Gaza city, the Bank has successfully expanded its presence and operations in West Bank, and in 2007 established its head office in a prestigious new building in Ramallah. BoP now has 19 branches in West Bank and

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Project Information

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The project “Bank of Palestine P.L.C” is an infrastructure initiative in the Residential sector, located in West Bank and Gaza. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

active

Taiyo status

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Email

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Description

Description

Bank of Palestine (BoP or the Bank) is the first and largest national bank with a well diversified branch network with 31 branches in West Bank and Gaza. Established in 1960, originally in Gaza city, the Bank has successfully expanded its presence and operations in West Bank, and in 2007 established its head office in a prestigious new building in Ramallah. BoP now has 19 branches in West Bank and 12 in Gaza. BoP has 14% market share of deposits and credit facilities among 22 foreign and local banks active in West Bank and Gaza. Operating as a universal bank, BoP is largely engaged in retail and commercial lending operations, with the largest card processing operations in West Bank and Gaza. BoP is the sole member and franchise owner for Visa and Master Card International in Palestine with over 1,500 point of sale machines throughout Palestine. BoP has a large and well diversified branch network with 30 branches and outlets across West Bank and Gaza.The project is aimed to support the Bank’s growth and regional expansion plans.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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