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Palestine Investment Bank P.L.C (Palestine)

Main Activities: Commercial Banking
Full name: Palestine Investment Bank P.L.C Profile Updated: May 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Palestine Investment Bank was set up in 1994 in Gaza by a group of Arab and Palestinian bankers in order to provide banking, commercial and investment services. Currently, it is headquartered in Ramallah. The retail banking services include current and saving accounts, loans and financing, credit cards and bills settlement. The commercial services cover letters of credit, bank guarantees and money transfers. Also, the bank, through its treasury and investment division, invests in local and foreign securities, manages portfolios, and trades in currencies. It has eight branches in Palestine’s major cities.

Headquarters
Al Nahda Square, Al Hilal Street-Derar Al Tawil Building, Al Bireh -Ramallah, P.O Box 3675
Ramallah and Al-Bireh; Gaza; Postal Code: 3675

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Website: http://www.pibbank.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 10, 1994
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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50%
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20.29%
Subsidiaries
Jerusalem Real Estate Investment Co. Plc
9.99%
Company Performance
Financial values in the chart are available after Palestine Investment Bank P.L.C report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net interest income
32.65%
Operating profit (EBIT)
4.09%
Net Profit (Loss) for the Period
-0.41%
Total assets
6.16%
Total equity
1.18%
Total Assets Trend
5.1%
Net Interest Income Trend
17.77%
Loans to Deposits Ratio
5.53%
Loans to Asset Ratio
5.07%

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