Bank of Palestine's Award Winning Performance Recognized by Euromoney, CPI Financial/Banker Middle East, and the Financial Times & IFC

Bank of Palestine's Award Winning Performance Recognized by Euromoney, CPI Financial/Banker Middle East, and the Financial Times & IFC PR Newswire RAMALLAH, Palestine, June 21, 2012 RAMALLAH, Palestine, June 21, 2012 /PRNewswire/ -- Bank of Palestine (PEX: BOP) won three awards and was a shortlisted nominee for a fourth award this month. This recognition from different prestigious international financial institutions is a testament to the bank's continuous growth, development, and success, in addition to its contribution to the Palestinian economy and society. Euromoney Award for Excellence: "Best Bank in Palestine" For the second consecutive year, Bank of Palestine won the "Best Bank in Palestine" award at the annual Euromoney Middle East Awards for Excellence ceremony in Dubai on June 6, 2012. Euromoney awards are recognized as one of the most prestigious international banking awards in the industry and are given to institutions that demonstrate leadership, innovation, and momentum in the markets in which they operate. Clive Horwood, Editor of Euromoney magazine said at the award ceremony:"The relative peace in the West Bank and Gaza Strip in recent years has meant that the local economy has been growing fast. As the bank with the largest branch network in the area, this year's winner (Bank of Palestine) is well placed to tap into that and its performance hasn't disappointed.