Company presentation

Established in 1960 and headquartered in Ramallah, BANK OF PALESTINE (BOP) is a commercial private bank listed on the Palestine Stock Exchange (PEX) and regulated by the Palestine Monetary Authority. With total assets of USD 7.85 billion, BOP holds the largest market share in the sector accounting for over a third of customer deposits and credit facilities. It is the largest of the 13 financial institutions operating in Palestine. BOP operates the country’s leading banking network with 101 branches nationwide, serving over 1 million customers across retail, corporates, SME and public sectors. Offering a wide range of services – including retail, corporate, digital, and mobile banking – the bank is a leader in SME lending and plays a significant role in promoting financial inclusion, sustainability and entrepreneurship in Palestine.

Key figures (USD)	2021	2022	2023
Total Revenue	262,534,310	299,176,819	327,803,812
Profit Before Tax	84,604,853	107,337,833	17,936,254
Net Profit	56,254,327	66,646,637	16,490,514
Assets	6,508,221,806	6,487,960,857	7,126,060,748
Customer Deposits	5,305,139,602	5,266,723,842	5,807,727,294
Credit Facilities	3,453,207,160	3,572,054,865	3,839,008,227
Shareholder Equity	496,099,429	545,922,621	560,360,382
Paid-Up Capital	217,433,527	223,958,577	230,677,334
Net Interest and Commissions Income	223,598,064	256,282,832	290,004,515
No. of Employees	1,745	1,799	1,790
No. of Customers	732,462	843,657	913,307
No. of Branches	73	73	72
Market Share: Deposits, %	31.72	31.78	33.02
Market Share: Credit Facilities, %	33.92	34.21	33.86