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Board of Directors of Bank of Palestine BOP recommends cash dividends to shareholders of 21.40%

2010-04-12

Bank of Palestine BOP called to attend the Ordinary and Extraordinary General Meeting that will be held on Friday, April 30, 2010 and to discuss the financial statements and the Board"s proposal to distribute an amount of $ 21,400,000 (which accounts for 21.40% of the capital) as cash dividends from the profits generated in the year 2009 to the registered shareholders in Palestine Stock Exchange on Thursday, April 29, 2010, as the Extraordinary General Assembly will ratify the proposal of the Board of Directors to increase the nominal capital of the bank to become 200 million.