Bank of Palestine Hosts Delegation from YPO and WPO in Bethlehem

On Wednesday, 8 May 2013, Bank of Palestine hosted a delegation from the internationally renowned Young Presidents Organization (YPO) and World Presidents’ Organization (WPO) in its new HQ in Bethlehem. The visiting delegation to Palestine will meet this week with Palestinian businessmen/women and economists as well as government public sector representatives. The delegation will also visit a number of economic enterprises, and commercial and industrial establishments.

During his meeting with the delegation, Chairman of the Board and General Manager of Bank of Palestine Mr Hashim Al-Shawa gave a presentation on Bank of Palestine since its inception in 1960. In addition, Mr Al-Shawa enlarged on the political and economic challenges and difficulties Bank of Palestine confronted and overcame becoming the most widely spread bank in Palestine with 48 branches and 105 ATMs throughout Palestinian districts, villages and refugee camps. Al-Shawa also pointed out that Bank of Palestine had received international awards most notably Global Finance and Euromoney awards as the best bank in Palestine for 2011-2012.

Moreover, Al-Shawa introduced the delegation to the favorable investment environment in Palestine pointing to the satisfactory yield investors can achieve via investing in different projects that can as well develop and enhance Palestinian economy, mitigate employment and provide young Palestinians with work opportunities. The visiting delegation comprised senior expatriate Palestinian businessmen, and women.

On the sideline of the visit, the delegation toured the heritage exhibition on the third floor of Bank of Palestine new HQ in Bethlehem. The exhibition, titled “400 Years of Creativity” was organized by George Lama and has ancient items from Palestinian heritage on display.

The visit of YPO and WPO delegation aims to introduce visitors to Palestinian private sector organizations and companies that make up the components of Palestinian national economy. Furthermore, the delegation visited large enterprises that are currently carried out as well as private sector companies.

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