Bank of Palestine Ordinary Annual Assembly General Meeting approves Board Recommendations in its meeting on 8 April 2026
Ramallah, Palestine (8 April 2026). Bank of Palestine (BOP), convened its Assembly General Meeting (AGM) on 8th of April, 2026 in Ramallah with a 79.31% in quorum. The General Assembly approved all items on the agenda including the Board of Directors’ recommendation to distribute USD 21.5 million in dividends for the year 2025, a percentage of 8% of the bank’s paid-up capital.
During the meeting, shareholders elected a new Board of Directors for a four-year term. The GA mandated the Board to negotiate the fees of Ernst & Young as the external auditor and approve the financial and annual report of the Bank.
Dividends distribution approved by the General Assembly:
- USD 10,751,443 as cash dividends, equivalent to 4% of the paid-up capital
- USD 10,751,443 as stock dividends, equivalent to 4% of the paid-up capital
Commenting on the meeting, Mr. Hashim Shawa, Chairman of Bank of Palestine Group stated:
“Today’s outcomes reflect the continued confidence of our shareholders in the Bank’s vision, strategy and governance. The approved dividends underscores our commitment to delivering sustainable value and safeguarding shareholders’ rights even in difficult and challenging times. As we look ahead, we remain focused on strengthening our market position- locally and regionally, enhancing our digital footprint, and pursuing disciplined growth strategies that align with the longterm interests of all stakeholders.”
FY 2025 financial consolidated results; reported net revenues (gross income) of USD 389.5 million in 2025, compared with USD 354.0 million in 2024. The bank’s profit before tax is USD 66.3 million compared with a loss of USD 45.5 million in 2024 and a net profit of USD 57.0 million compared to a loss of USD 27.9, reflecting a growth of 304%. Total assets increased to USD 10.65 billion compared with USD 8.36 billion at the end of 2024. The Bank’s total shareholders' equity increased to USD 670.8 million compared with USD 573.6 million at the end of 2024.