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in 2024. The theft of €2,8 Million in
Israeli currency was discovered on 16 April, after perpetrators had broken into a vault. The staff tried to secure remaining cash reserves by pouring concrete over the cash boxes, but the concrete block was opened the next day with the help of explosives, and the
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attackers stole the equivalent of €29 million in various currencies. On 18 April gunmen got away with the equivalent of €33,6 Million from the second largest branch of the bank in Gaza, by identifying themselves as representatives of the authorities and forcing their way into the building.
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in 1960, making it the first in
Palestine. Hasheem Atta Shawa founded it as an agricultural bank to help farmers develop their citrus business since Shawa's family was also in the citrus business at the time. The bank helped farmers with loans for farming equipment.
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by providing financial services and maintaining accounts for the organization. The Bank of
Palestine claimed that there was no legal basis behind the plaintiffs' claims and that they were taking "prompt and strong measures" to get the lawsuit dismissed.
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In the early 1990s, Dr. Hani Shawa took over in running the bank. Hashim Shawa, aged 31, became chairman and CEO of the bank after his father passed away in 2007. Since then, the bank has about 1,980 employees and serves over 900,000 customers.
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The Bank of
Palestine is the most geographically distributed banking corporation in Palestine, with 74 branches and sub-branches. The bank's head office is located in Ramallah, Palestine. It also has representative offices in
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https://bopwebsitestorage.blob.core.windows.net/assets/documents/ClCPbHREM8pACBeSn8av6TNUaInOhaQlKVxgj2Ta.pdf
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In 2016, Bank of
Palestine launched "NAHJ Project" to support school entrepreneurship in Jerusalem schools.
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174:, the bank informed its partners about a series of robberies and the loss of €66 million during the
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162:(case number: 1:19-cv-00006) which claimed that the bank aided the Palestinian militant group
513:"Bank of Palestine, Ramallah, Palestine | Head office, address, tel, website and swift code"
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and is the leading financial institution in
Palestine, with a net worth of $ 6.5 billion
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556:"The launch of "NAHJ" project to support school entrepreneurship in Jerusalem schools"
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356:"Banking on peace: Bank of Palestine's Hashim Shawa"
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276:"Bank of Palestine - SME loan, WiB loan, TFP limit"
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170:According to a report in the French newspaper
16:Banking corporation in the State of Palestine
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146:Hashim Shawa, CEO of the bank since 2007
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256:List of banks in the State of Palestine
154:In 2019, the bank was the target of an
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399:"Singer et al v. Bank of Palestine"
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114:in 1960. It is headquartered in
604:Banks of the State of Palestine
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44:Ramallah, Ain Misbah, Palestine
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35:Logo of the Bank of Palestine
204:, United Arab Emirates, and
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134:The bank was established in
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160:Singer v. Bank of Palestine
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599:Banks established in 1960
491:Palestine Investment Bank
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461:"Bank of Palestine Case"
424:"Bank of Palestine Case"
193:automated teller machine
110:organization founded in
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378:World Economic Forum
305:World Economic Forum
374:"Bank of Palestine"
330:disclosures.ifc.org
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191:Bank of Palestine
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560:Bank of Palestine
542:Bank of Palestine
493:. 18 October 2022
430:. 27 January 2019
156:amended complaint
86:Bank of Palestine
80:Bank of Palestine
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22:Bank of Palestine
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563:. Retrieved
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538:"Contact us"
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520:. Retrieved
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495:. Retrieved
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469:. Retrieved
467:. 5 May 2024
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326:"Disclosure"
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234:Banks portal
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212:Philanthropy
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60:Hashim Shawa
41:Headquarters
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195:in Ramallah
102:Palestinian
49:Established
593:Categories
565:1 February
487:"branches"
262:References
98:بنك فلسطين
24:بنك فلسطين
522:9 October
497:9 October
434:9 October
408:9 October
383:9 October
335:9 October
310:9 October
285:9 October
208:, Chile.
183:Locations
136:Gaza City
120:West Bank
465:Le Monde
428:Osen LLC
220:See also
206:Santiago
172:Le Monde
116:Ramallah
100:), is a
57:Chairman
158:titled
130:History
108:banking
65:Website
94:Arabic
471:5 May
202:Dubai
164:Hamas
567:2024
524:2023
499:2023
473:2024
436:2023
410:2023
385:2023
337:2023
312:2023
287:2023
112:Gaza
84:The
52:1960
124:USD
90:BoP
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
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