Bank of Palestine Named Best Palestinian Bank in Investors Relations
26 | 11 | 2013
For the second consecutive year Bank of Palestine was awarded the prize of the best company listed in Palestine in the area of Investors Relations. The award ceremony took place in the 5th Middle East Investors Relations Society Conference held at Dubai International Financial Center, UAE, in the middle of this month. The conference was attended by representatives of shareholder companies from the Arab countries, investors, financial analysts, economists and the media in the UAE. In addition, delegation from different branches of Investors Relations Society worldwide and Middle East Investors Relations Society Head of Board of directors Mr Powel Reynold.
The conference, held with the generous support of Dubai and Abu Dhabi Securities Exchange, is considered one of the largest and specialized conferences on investors’ relations in the Middle East. Names of winning companies from Kuwait, Oman, Saudi Arabia, Bahrain, Egypt, Jordan, Syria, Lebanon and Palestine were announced during the conference. Winning companies were identified as a result of an independent survey on investors’ relations conducted by Thomson Reuters, one of the most important media organizations worldwide in the area of economy. Dozens of financial analysts from financial institutions and financial intermediaries and stock exchanges from the Middle East, USA, UK and Europe took part in the survey. The survey adopted the highest standards consolidating the trust of investors and employed international tools for the measurement of investors’ relations.
Bank of Palestine received this award despite the fierce competition of other Palestinian companies listed in PEX.
For his part, PEX Executive Director Mr Ahmad Aweidah congratulated Bank of Palestine on the award of the best Palestinian company listed in the area of investors’ relations for the second consecutive year. He added that the distinguished level of bank of Palestine investors’ relation attests to the volume of development and level of maturity the bank has achieved in this area and in all its services.