Company Lookup
Download Demo

Market News

This Month News

This Month News

send to a friend by email

Board of Directors of Bank of Palestine recommends to distribute profits by %22.8 as stocks dividends


Ramallah- Al Ayyam: The Board of Directors of Bank of Palestine decided to recommend to the general assembly which will hold a meeting on April 24 to distribute profits to shareholders by %22.80 of the capital as stocks dividends, bringing the paid-up capital of the bank to $100 million. The bonus shares will be distributed to shareholders as they are in the records of Palestine Securities Exchange on the date of the Assembly, according to the percentage of each contribution.
The Chairman of the Board and the General Manager of Bank of Palestine Mr. Hashim Al Shawa said that the bank achieved a net profit in the year 2008 of $23,610,956 up by %14.73 from the year 2007,
Al Shawa said in a statement that the bank has achieved remarkable growth in the f assets where they exceeded one billion dollars at the end of 2008, a growth rate amounted to %36.23 compared with the end of the year 2007, that were about $847.65 million. While the net shareholders in the year 2008 rose by %52.36 to reach $123,169,873 comparing to $90,218,428 in the year end of 2007.



Scarce liquidity in the PEX and 3G mobile networks in the West Bank by the end of January

launching 3G mobile networks in the west bank by the end of January

Relative quietness in the PEX with the increasing anticipation for the annual disclosures

WATANIYA discusses raising its paid-up capital to $293 million

The PEX opens the year 2018 in optimism

The PEX modifies AL-Quds Index composition for the year 2018



Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013