Bank of Palestine is one of the leading banks located in the country of Palestine. The Bank of Palestine was established in the year 1960, at Gaza. Initially the
Bank of Palestine was engaged with providing small scale loans related to both personal as well as business requirements. However, the occupation forces of Israel forcefully closed the Bank of Palestine after they stepped into the land of Palestine.
The Palestine Bank was however, reopened in the year 1981 after the bank snatched its freedom to offer its services to the people of Gaza only, from the Israel occupation forces. The present capital of the Bank of Palestine is that of USD 100,000,000 while the paid up capital of the bank is that of USD 59,769,737.
Some of the major objectives of the Bank of Palestine include the following:
- To achieve a constant increase in the share of the Bank of Palestine in the banking sector of Palestinian
- To provide the best quality of banking facilities as well as financial services
- To keep track of the world banking improvisations and the technological advances regarding the financial advances so as to help the customers with better services
- To contribute towards the development of the banking community
- To work towards the uninterrupted melioration of the professional and the administrative capabilities of the bank.
