Palestinian Population Total Population: 11.6 M

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2 Palestinian Population Total Population: 11.6 M 3 K 25 K 2 K 15 K 1 K 5K 5K 1 K 15 K 2 K 25 K 3 K , ,228 4,168 Literacy Rate 6, ,492 1,945 14, ,139 21,218 Currency 2,51 29, ,494 33,39 JOD Male 41,384 61, ,337 41,33 Female ILS 83, ,627 12, , , ,575 Age % of total population 146, ,555 28, ,53 258, , , , , , ,4 245, , , % 6 % UNDER THE AGE OF 24 3 K 25 K 2 K 15 K 1 K 5K 5K 1 K 15 K 2 K 25 K 3 K SLIDE N O. 2

3 GDP & SECTOR CONTRIBUTION TO GDP IN PALESTINE IN 211 GDP/ Capita $1, 356 $1, 415 $1, 51 $1, % GDP Growth 9% 4% 12% The total GDP growth for 211 registered 1.7% compared to the total GDP level in % 3% 1% 13% 21% 7% 5% 2% SLIDE N O. 3

4 PALESTINE - Operating Banks $ Billion BANKS Operating in Palestine Local Banks (7) Foreign Banks (1) Commercial Banks (5) 7.41 Jordanian (8) Other Foreign Banks (2) Islamic Banks (2) Assets Deposits Loans No. of Branches SLIDE N O. 4

5 BANKING SECTOR OVERVIEW - Assets Deposits Loans $ Billion Assets Deposits Loans No. of Branches SLIDE N O. 5

6 PALESTINE VS. REGION GDP Growth Vs. MENA: % 4.9% 2.9% 2.5% 1.2% Algeria Bahrain 9.6% Egypt Jordan Kuwait 1.5% 4.6% 4.4% Lebanon Morocco Oman 1.7% Loan to Deposit Ratio Vs. MENA: % % 3.3% Palestine Qatar Tunisia UAE ROA Vs. MENA: % 1.5%.8% 1.2% 1.2% 1.2% 1.1% Algeria Bahrain Egypt Jordan Kuwait 1.8% 2.1% 2.6% 1.8% Non-Performing Loans Vs.. MENA: 21 1% 1.4% Lebanon Morocco Oman Palestine Qatar Tunisia UAE SLIDE N O % 29.1% 54.8% 49% 64.7% 93.2% 34.7% 87.8% 86.7% Algeria Bahrain Egypt Jordan Kuwait Lebanon Morocco Oman 51.6% 114.1% 8% 123.3% Palestine Qatar Tunisia UAE 3% 19.1% 11% 8.9% 8.2% Algeria Bahrain Egypt Jordan Kuwait 4.4% 4.8% 3.3% 3.1% Lebanon Morocco Oman 3% 3% 12.1% 5.6% Palestine Qatar Tunisia UAE

7 REGULATORS Palestine Capital Market Authority (PCMA) Established in 24 Its jurisdiction encompasses securities, insurance, financial mortgages, leasing sectors, and non-banking financial institutions Palestine Monetary Authority (PMA) Established in 1995 IMF, 211: "The PMA is capable and ready to assume the role of the Palestinian central bank" Installed one of the first electronic credit bureaus in the Middle East SLIDE N O. 7

8 PALESTINE - PMA Regulatory Framework & Reforms The Palestine Monetary Authority (PMA) is the emerging Central Bank of Palestine. Its overall purpose is to ensure price stability and contribute to the stability and effectiveness of the Palestinian financial system. The PMA was established in 1995 by a presidential decree as an independent institution and later by an act of the Palestine Legislative Council PMA Law Number (2) of 1997, which ovutlined the full authority and autonomy of the PMA. Since 27, the PMA has made notable progress in institutional reform, enabling it to fulfil the core functions of a central bank. Below is a summary of the main institutional reforms. Strengthening the Supervision and Regulatory Framework Electronic Credit Bureau & Credit Scoring Systems Electronic Payment System (RTGS) Monetary Operations Department Strengthening the Financial Sector s Legal Framework A new Banking Law was enacted in November 21 to strengthen the financial sector s legal framework. This law aims to maintain a strong and stable financial system, based on fair competition, and to maintain the integrity of this system to ensure renewed confidence from clients and shareholders alike. Introduced the IBAN to Palestine end of 212 SLIDE N O. 8

9 THE WORLD BANK S DOING BUSINESS REPORT 213 Protecting Investors Palestine s Rank: 49 (out of 185 countries) Palestine s rank in the region: 3 (after Saudi and Kuwait) Enforcing Contracts Palestine s rank in the region: 5 SLIDE N O. 9

10 THE PALESTINE EXCHANGE Established in 1995 first trading session in 1997 Listed on PEX 48 listed companies on PEX (end of 212) with market capitalization of about USD 3 billion Operates under the supervision of the Palestine Capital Market Authority One of the most rewarding exchanges in the region in terms of return on investment (ROI) which averaged 6% per annum over the last five years SLIDE N O. 1

11 BANK OF PALESTINE OVERVIEW SLIDE N O. 11

12 US$ 2 billion US$1,653,96,732 US$1,545,, US$1,28,, US$1,,, $ Launch of GPRS Point of Sale service and Through ATM s. $ First in Palestine to introduce SWIFT services with correspondent banks US$ 497,, $431 $ Million $ Founding of the bank in Gaza 1967 Bank is closed after the Israeli invasion of Gaza and the West Bank. $.7 $.8 $1.2 $1.5 $1.8 $1.8 $2.2 $6.6 $7.3 $ First bank to introduce computers in Palestine $9.6 $11 Direct links are established 1994 with international banks $13 $18 $27 $41 $11 $15 $156 $165 $258 $219 $239 $ First to establish a card processing center in Palestine $255 $ Founding of BoP s investment arm - Al Wasata Securities Co. and 25 BoP shares are listed on the Palestine Stock Exchange. 22 Establishment of international trade department and direct dealing with international banks. 2 Introduction of ATM s and Points of Sale to the banking system SLIDE N O. 12

13 BOP - Expansion of Banking Network 1, 9 Under Construction Palestine s largest 471 banking network with 48 branches across all major 1 cities & underbanked areas Nasser Saraya Rimal Nusseirat Deir El Balah Karni Jabaliya Omar Al Mukhtar General Managment, Gaza Qalqilia West Bank Al Yamoun Jenin Yabud Qabatiya Atteel Maythaloon Khadouri Toulkarem Toubas Asira Nablus Hisbeh Axoun Huwwara Growth in no. of branches Rafah Crossing Rafah Khanyounis General Management Headquarters, Ramallah Ni leen Salfeet Irsal Birzeit Uni. Tannous Silwad Deir DIbwan AL Bireh Al Ram Turmusaaya Jericho Gaza Tarqumiya Dura Beit Jala Al Thahiria Beit Sahour Halhoul Saeer Hebron Yatta Abu Dees Bethlehem 2% 19.19% SLIDE N O. 13

14 BOP - General Management headquarters Ramallah SLIDE N O. 14

15 BOP - Hebron & Bethlehem Flagship Buildings SLIDE N O. 15

16 BOP - Growth of Credit Card Business Bank of Palestine holds the leading market position as the agent for VISA and Mastercard and sole provider of Palestine s Point of Sale merchant network araound 5 -nationwide No. of Merchant Outlet Points of Sale (POS) 5, 5, 4,5 4, 3,5 3, 2,5 2, 1,5 1, Debit Cards Issued 14, 14, 12, 1, 8, 6, 4, 2, Growth in POS Transactions $11,, $1,, $9,, $8,, $7,, $6,, $5,, $4,, $3,, $2,, $1,, $ Credit Cards Issued 22, 2, 18, 16, 14, 12, 1, 8, 6, 4, 2, 12, , SLIDE N O. 16

17 BOP - Subsidiary Companies - Palpay PalPay is a leading Palestinian E-payment solutions provider for prepaid and utility payment systems. These solutions will enable end users to pay utility bills and top-up mobile vouchers from Bank of Palestine ATMs, nationwide POS machines or by using Bank of Palestine electronic services such as online and mobile banking. Our aim is to provide a complete solution for E-payment systems in Palestine. We provide our clients with full management capabilities to control business and revenues, maximize revenues through selling prepaid services and electronic money collection. SLIDE N O. 17

18 BOP - Subsidiary Companies - Al Wasata Securities Co. Assets under management reached $36 million at the end of 212. In 212 and since its establishment (for the 6th consecutive year) Al-Wasata has been the number 1 broker in terms of number of new investor accounts opened (out of a total of 8 brokerage companies in Palestine). Al-Wasata had the highest trading volume in the second half of 212 compared with the other brokerage companies in Palestine. SLIDE N O. 18

19 BOP - CONTRIBUTION TO SECTORS $976 million in loans granted by Bank of Palestine to date $16 million granted to over 2, MSMEs sustaining 1, jobs SLIDE N O. 19

20 BOP - LOANS TO MSMES Fisherman Loans SLIDE N O. 2

21 BOP - Supporting the Environment Green Loans Program In 21, and for the first time in the region, BoP launched a distinctive program entitled the Green Loans Program in partnership with the company Green Palestine. The program will enable residents of rural areas to invest in renewable access to energy and resources such as: Solar Energy Greywater Recycling Rainwater Harvesting SLIDE N O. 21

22 BOP - Diaspora Unit SLIDE N O. 22

23 BOP - SUSTAINABILITY We contribute 5% of annual net profits towards CSR SLIDE N O. 23

24 BOP - Awards SLIDE N O. 24

25 BOP - Corporate Actions and Dividends C. A. Type Announcement Date Dividend Date Record Date Outstanding Shares Before C.A. Cash Dividends -$ No.Of New Shares Outstanding Shares After C.A. % of Dividends SLIDE N O. 25

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27 BANK OF PALESTINE FINANCIAL HIGHLIGHTS 212 results are based on Bank of Palestine's preliminary results disclosed on February 13, 213 SLIDE N O. 27

28 BOP - Key Performance Indicators $ Million $ Million 2,2 2, 1,8 1,6 1,4 1,2 1, ,5 1,65 1,551 1,5 1,297 1,35 1,654 1,252 1,2 1,5 1,46 1, , CAGR from Loans 32.1% Customer Deposits 17.99% Shareholder Equity 2.22% Assets 18.85% $ Million $ Million Net Profits 13.26% SLIDE N O. 28

29 BOP - Key Performance Indicators Paid Capital Shareholders' Equity $ Million $ Million SLIDE N O. 29

30 BOP - Key Performance Indicators Growth in no. of Employees , ,139 1, , 6, 55, 5, 45, 4, 35, 3, 25, 2, 15, 1, 5, 112,289 84,22 154,26 222, , ,24 483, , , , , Growth in no. of Customers Market share of Loans Market share of Deposits SLIDE N O. 3

31 BOP - Ratios % 17.5% 9.8% 4.14% 4.9% 1.92% 5.71% 2.58% 4.27%.58% SLIDE N O. 31

32 BOP - Shares BOP makes up 14% of total PEX market cap Market Capitalization $ Million 4,66, 348,, 34,, $3.14 $ X $ X SLIDE N O. 32

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