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Bank of Palestine (XPAE:BOP) Cash, Cash Equivalents, Marketable Securities


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Bank of Palestine (XPAE:BOP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Palestine (XPAE:BOP) » Definitions » Cash, Cash Equivalents, Marketable Securities
Traded in Other Exchanges
N/A
Address
Ain Misbah, P.O. Box 471, Ramallah, PSE
Bank of Palestine is active in the banking operation in Palestine. The areas of businesses under its portfolio include Retail banking, Corporate banking and Treasury services, which are also its operating segments. The Retail banking is its key segment and generates the maximum revenues through interest received from individual customers' deposits and providing consumer loans, overdrafts, credit card facilities and other services. The Corporate banking segment includes handling loans, credit facilities, deposits and current accounts for corporate, institutional customers and public sector. Under the Treasury service umbrella, the bank provides trading and treasury services and manages the bank's funds and investment.