Click here to close now.

SYS-CON MEDIA Authors: Elizabeth White, XebiaLabs Blog, Liz McMillan, David Sprott, Carmen Gonzalez

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

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
Today, IT is not just a cost center. IT is an enabler and driver of business. With the emergence of the hybrid cloud paradigm, IT now has increasingly more capabilities to create new strategic opportunities for a business. Hybrid cloud allows an organization to utilize multi-tenant public clouds, dedicated private clouds, bare metal hosting, and the associated support and services for the right use cases through an on-demand, XaaS model. This model of IT creates tremendous opportunities for busi...
Hosted PaaS providers have given independent developers and startups huge advantages in efficiency and reduced time-to-market over their more process-bound counterparts in enterprises. Software frameworks are now available that allow enterprise IT departments to provide these same advantages for developers in their own organization. In his workshop session at DevOps Summit, Troy Topnik, ActiveState’s Technical Product Manager, will show how on-prem or cloud-hosted Private PaaS can enable organ...
In today's digital world, change is the one constant. Disruptive innovations like cloud, mobility, social media, and the Internet of Things have reshaped the market and set new standards in customer expectations. To remain competitive, businesses must tap the potential of emerging technologies and markets through the rapid release of new products and services. However, the rigid and siloed structures of traditional IT platforms and processes are slowing them down – resulting in lengthy delivery ...
Modern Systems announced completion of a successful project with its new Rapid Program Modernization (eavRPMa"c) software. The eavRPMa"c technology architecturally transforms legacy applications, enabling faster feature development and reducing time-to-market for critical software updates. Working with Modern Systems, the University of California at Santa Barbara (UCSB) leveraged eavRPMa"c to transform its Student Information System from Software AG's Natural syntax to a modern application lev...
Docker is an excellent platform for organizations interested in running microservices. It offers portability and consistency between development and production environments, quick provisioning times, and a simple way to isolate services. In his session at DevOps Summit at 16th Cloud Expo, Shannon Williams, co-founder of Rancher Labs, will walk through these and other benefits of using Docker to run microservices, and provide an overview of RancherOS, a minimalist distribution of Linux designed...
Business as usual for IT is evolving into a “Make or Buy” decision on a service-by-service conversation with input from the LOBs. How does your organization move forward with cloud? In his general session at 16th Cloud Expo, Paul Maravei, Regional Sales Manager, Hybrid Cloud and Managed Services at Cisco, discusses how Cisco and its partners offer a market-leading portfolio and ecosystem of cloud infrastructure and application services that allow you to uniquely and securely combine cloud busi...
Businesses are looking to empower employees and departments to do more, go faster, and streamline their processes. For all workers – but mobile workers especially – utilizing the cloud to reconnect documents and improve processes without destructing existing workflows can have a dramatic impact on productivity. In his session at 16th Cloud Expo, Mark Grilli, vice president of Acrobat Solutions marketing at Adobe Systems Incorporated, will outline new ways that the cloud is changing the way peo...
Sonus Networks introduced the Sonus WebRTC Services Solution, a virtualized Web Real-Time Communications (WebRTC) offer, purpose-built for the Cloud. The WebRTC Services Solution provides signaling from WebRTC-to-WebRTC applications and interworking from WebRTC-to-Session Initiation Protocol (SIP), delivering advanced real-time communications capabilities on mobile applications and on websites, which are accessible via a browser.
SYS-CON Events announced today that Aria Systems, the leading innovator in recurring revenue, has been named “Bronze Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Proven by the world’s most demanding enterprises, including AAA NCNU, Constant Contact, Falck, Hootsuite, Pitney Bowes, Telekom Denmark, and VMware, Aria helps enterprises grow their recurring revenue businesses. With Aria’s end-to-end active monetization platform, g...
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes ...
Are your applications getting in the way of your business strategy? It’s time to rethink your IT approach. In his session at 16th Cloud Expo, Madhukar Kumar, Vice President, Product Management at Liaison Technologies, will discuss a new data-centric approach to IT that allows your data, not applications, to inform business strategy. By moving away from an application-centric IT model where data integration and analysis are subservient to the constraints of applications, your organization will b...
SYS-CON Events announced today that Akana, formerly SOA Software, has been named “Bronze Sponsor” of SYS-CON's 16th International Cloud Expo® New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Akana’s comprehensive suite of API Management, API Security, Integrated SOA Governance, and Cloud Integration solutions helps businesses accelerate digital transformation by securely extending their reach across multiple channels – mobile, cloud and Internet of Thi...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY., and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides private all-in-one social intranets allowing workers to securely collaborate from anywhere in the world and from any device. Social, mobile, and eas...
WSM International has launched a DevOps services division that offers assessment, consulting and implementation to large enterprises and organizations with complex infrastructures. The concept of DevOps is to blend information technology (IT) software development with operations to optimize the computing infrastructure according to the specific needs of the organization. According to a recent press release from Gartner, "By 2016, DevOps will evolve from a niche strategy employed by large cloud ...
SYS-CON Events announced today that Solgenia will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Solgenia is the global market leader in Cloud Collaboration and Cloud Infrastructure software solutions. Designed to “Bridge the Gap” between Personal and Professional S...