Bank of Palestine Company Description

Bank of Palestine Plc provides various banking products and services in the Palestinian Authority and the United Arab Emirates.

It operates through three segments: Retails; Corporate, Institutions, and Public Sector; and Treasury segments.

The company offers current, primary, and saving accounts; instant, short term, and time deposits; loan products, including commercial mortgage, personal, personal housing, student, fishermen, green, small and medium size enterprise, and mortgage loans; and overdrafts and microenterprise financing, as well as loans for financing people with disabilities and contractors.

It also provides cards; letters of guarantee; treasury services comprising safe custody, FX forward, currency exchange, collection bill, cheque, transfer, and safety deposit box services; external guarantees; letters of credit; point of sale, online payment gateway, USSD, SMS, interactive voice response, and automated payment services; ATMs; and online banking services.

The company serves individual, corporate, and institutional customers, as well as public sectors. Bank of Palestine Plc was founded in 1960 and is based in Ramallah, the Palestinian Authority.