Welcome!

News Feed Item

Bank of Palestine (BoP) Wins the MEIRS Award for "Best Company for Investor Relations in Palestine" and Launches its New Investor Relations Website

ABU DHABI, UAE, December 10, 2012 /PRNewswire/ --

  • BoP was announced the winner of the Middle East IR Society award for "Best Company for Investor Relations in Palestine" at the largest IR Conference ever hosted in the Middle East
  • BoP launches its new Investor Relations website: http://www.bop.ps/ir

Bank of Palestine (BoP) was awarded the "Best Company for Investor Relations in Palestine" award at the 4th annual Middle East Investor Relations Society (ME-IRSociety) Conference and Awards Ceremony held at the Park Hyatt, Saadiyat Island, in Abu Dhabi, UAE. The conference was the largest Investor Relations Conference (IR) ever hosted in the Middle East.

The event brought together listed and unlisted firms, family offices, investors, analysts, advisors, participants of the buy- and sell-side communities and exchanges. Senior level delegates attended from the Society's different chapters.

The Awards ceremony, revealed the Middle East companies that had adopted the highest standards of IR. The winners were voted for by 293 individuals from 137 buy-side and sell-side organisations in the Middle East, the US, UK and Continental Europe in an independent IR survey by Thomson Reuters' Extel. The Extel Middle East survey has been in existence since 2008 and has continuously tracked the highest IR performers in the region.

Bank of Palestine's Investor Relations programme is built to increase investor confidence as the bank is committed to the principles of transparency and responsiveness. Hashim Shawa, Chairman and General Manager of Bank of Palestine stated: "We are pleased to be recognized for our commitment to best IR and corporate governance practices, transparent and effective disclosures and communications with our investors, and our efforts to actively engage the financial community."

Shawa also pointed out to one of the bank's main objectives, which is keeping both the customer and shareholder at the core of the company's strategy to ensure long term success: "In order to attract both foreign and local investors we need to meet their demands and the demands of ever increasing standards, especially in these very difficult financial times we witness around the world.  We consider top quality shareholder service and satisfaction through IR is equally as important as customer service and satisfaction at the bank."

Bank of Palestine's new IR Website

As part of the bank's Investor Relations programme and its investor outreach efforts, Bank of Palestine launched a dedicated Investor Relations Website (http://www.bop.ps/ir). The website gathers a wealth of useful information for investors, and serves as a medium through which shareholders can quickly and easily obtain publicly available information about Bank of Palestine.  

The bank's IR website has been designed to provide both local and foreign investors with relevant information, and to be easy to use, navigate, and meet the needs of both individual investors and sophisticated fund managers.

The bank's website includes information such as: stock information, financial data, annual and semi-annual reports and presentations, disclosures, information on the board of directors and the management team, major shareholders, historical information on dividends and corporate actions, in addition to dedicated sections on the bank's corporate governance and sustainability strategy.

The bank has plans to continue the development of its IR website by introducing Arabic and Spanish versions, in addition to continuously updating and adding relevant information, and introducing new technologies to enhance the communications and interaction with investors.

About Bank of Palestine (BoP)

Bank of Palestine has a long embedded presence and experience in Palestine dating back to 1960.  The bank is now the largest Palestinian bank with the most widespread branch network in Palestine, a paid up capital of $134 million, and assets of over $1.7 billion, with 1,100 employees serving around 600,000 customers.  Operating as a universal bank, BoP is engaged in retail, corporate, micro and SME, and Diaspora banking operations, with the largest card processing operations in Palestine; BoP is the sole agent for issuing and acquiring Visa and MasterCard in Palestine with over 5,000 Point of Sale merchant terminals nationwide.  Recently, BoP has also been playing a leading role in some of the largest project finance loan syndications in Palestine. Bank of Palestine adopts a holistic sustainability strategy and has been the leader in Corporate Social Responsibility (CSR) in Palestine dedicating 5% of its net profit to community development.

Bank of Palestine's stock (PEX: BOP) has been listed on the Palestine Exchange (PEX) since 2005. It is among the market's blue chip stocks, and represents around 14% of total PEX market capitalization.  

For more information, please contact:
Raya Sbitany - Head of Investor Relations
[email protected]
Mobile: +972-595-746555
http://www.bop.ps/ir

SOURCE Bank of Palestine (BoP)

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
SYS-CON Events announced today that Outscale will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outscale's technology makes an automated and adaptable Cloud available to businesses, supporting them in the most complex IT projects while controlling their operational aspects. You boost your IT infrastructure's reactivity, with request responses that only take a few seconds.
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus intern...
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and valu...
This talk centers around how to automate best practices in a multi-/hybrid-cloud world based on our work with customers like GE, Discovery Communications and Fannie Mae. Today’s enterprises are reaping the benefits of cloud computing, but also discovering many risks and challenges. In the age of DevOps and the decentralization of IT, it’s easy to over-provision resources, forget that instances are running, or unintentionally expose vulnerabilities.
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.