Click here to close now.

SYS-CON MEDIA Authors: VictorOps Blog, Tim Hinds, Mike Kavis, Peter Silva, Glenn Rossman

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
VictorOps is making on-call suck less with the only collaborative alert management platform on the market. With easy on-call scheduling management, a real-time incident timeline that gives you contextual relevance around your alerts and powerful reporting features that make post-mortems more effective, VictorOps helps your IT/DevOps team solve problems faster.
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, will discuss why containers should be paired with new architectural practices such as microservices ra...
Roberto Medrano, Executive Vice President at SOA Software, had reached 30,000 page views on his home page - http://RobertoMedrano.SYS-CON.com/ - on the SYS-CON family of online magazines, which includes Cloud Computing Journal, Internet of Things Journal, Big Data Journal, and SOA World Magazine. He is a recognized executive in the information technology fields of SOA, internet security, governance, and compliance. He has extensive experience with both start-ups and large companies, having been ...
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focu...
Operational Hadoop and the Lambda Architecture for Streaming Data Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing...
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 ...
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, it is now feasible to create a rich desktop and tuned mobile experience with a single codebase, without compromising performance or usability.
SYS-CON Events announced today Arista Networks will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Arista Networks was founded to deliver software-driven cloud networking solutions for large data center and computing environments. Arista’s award-winning 10/40/100GbE switches redefine scalability, robustness, and price-performance, with over 3,000 customers and more than three million cloud networking ports depl...
Application metrics, logs, and business KPIs are a goldmine. It’s easy to get started with the ELK stack (Elasticsearch, Logstash and Kibana) – you can see lots of people coming up with impressive dashboards, in less than a day, with no previous experience. Going from proof-of-concept to production tends to be a bit more difficult, unfortunately, and it tends to gobble up our attention, time, and money. In his session at DevOps Summit, Otis Gospodnetić, co-author of Lucene in Action and founder...
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements grow. In his session at DevOps Summit, Marc Hornbeek, Sr. Solutions Architect of DevOps continuous test solutions at Spirent Communications, will explain the best practices of continuous testing at high scale, which is r...
SYS-CON Events announced today that Open Data Centers (ODC), a carrier-neutral colocation provider, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Open Data Centers is a carrier-neutral data center operator in New Jersey and New York City offering alternative connectivity options for carriers, service providers and enterprise customers.
Thanks to Docker, it becomes very easy to leverage containers to build, ship, and run any Linux application on any kind of infrastructure. Docker is particularly helpful for microservice architectures because their successful implementation relies on a fast, efficient deployment mechanism – which is precisely one of the features of Docker. Microservice architectures are therefore becoming more popular, and are increasingly seen as an interesting option even for smaller projects, instead of bein...
Security can create serious friction for DevOps processes. We've come up with an approach to alleviate the friction and provide security value to DevOps teams. In her session at DevOps Summit, Shannon Lietz, Senior Manager of DevSecOps at Intuit, will discuss how DevSecOps got started and how it has evolved. Shannon Lietz has over two decades of experience pursuing next generation security solutions. She is currently the DevSecOps Leader for Intuit where she is responsible for setting and driv...
The explosion of connected devices / sensors is creating an ever-expanding set of new and valuable data. In parallel the emerging capability of Big Data technologies to store, access, analyze, and react to this data is producing changes in business models under the umbrella of the Internet of Things (IoT). In particular within the Insurance industry, IoT appears positioned to enable deep changes by altering relationships between insurers, distributors, and the insured. In his session at @Things...
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...