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The National Bank (Palestine)

Main Activities: Commercial Banking
Full name: The National Bank Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Gaza-based The National Bank, set up in 2005, is a Palestinian bank operating through 11 branches throughout the West Bank. Apart from the traditional banking services, TNB has put emphasis on digitalizing its services by offering e-banking, mobile banking and an extensive ATM network. Its shareholders structure include important institutional investors from the banking and telecommunication fields. The bank has been operating in its current legal form since 2012, after the merger of Al Rafah Microfinance and the Palestinian Investment Bank. At the beginning, it was focused on microfinance but subsequently adopted a larger range of banking services. Its services include financing small projects, production loans and family loans, saving programs, investment funds, life insurance and Western Union Services. The Bank also offers trust funds market services, currency exchange services and local stock market services.

Headquarters
Ramallah - Almasyoun - Mahmoud Darwesh Building, P.O Box 700
Ramallah and Al-Bireh; Gaza;

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Website: http://www.tnb.ps

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2005
Key Executives
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Chairperson
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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20%
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18.54%
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16.74%
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3.33%
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2.39%
Company Performance
Financial values in the chart are available after The National Bank report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net interest income
18.43%
Operating profit (EBIT)
-10.19%
Net Profit (Loss) for the Period
-15.29%
Total assets
-2.71%
Total equity
4.81%
Total Assets Trend
3.33%
Net Interest Income Trend
-1.32%
Loans to Deposits Ratio
4.17%
Loans to Asset Ratio
0.73%

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