BoP Sub-Debt
Sector: Commercial • Location: West Bank and Gaza
Source: International Finance Corporation (IFC)
The proposed project entails a 10-year subordinated debt (“Sub-debt”) of up to US$75 million to Bank of Palestine (“BoP” or the “Bank”), the largest national bank in West Bank & Gaza (“WB&G”). The Sub-debt will qualify as Basel II, Tier II capital. The Sub-debt will strengthen BoP’s capital base and support its vision of maintaining its position as the market leader in WB&G and will provide a base
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed project entails a 10-year subordinated debt (“Sub-debt”) of up to US$75 million to Bank of Palestine (“BoP” or the “Bank”), the largest national bank in West Bank & Gaza (“WB&G”). The Sub-debt will qualify as Basel II, Tier II capital. The Sub-debt will strengthen BoP’s capital base and support its vision of maintaining its position as the market leader in WB&G and will provide a base to expand BoP’s outreach in the local market as well as expanding its regional footprint. This project comes as a part of IFC’s support to BoP which included helping the Bank to strengthen its risk management framework, corporate governance and developing new products to expand access to finance and banking services for SMEs and women. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |