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A group of
elite bankers and businessmen from Palestine and other Arab
countries laid down the cornerstone of Palestine Investment
Bank “PIB”, a public shareholding company based in
Palestine. PIB was the first bank to receive PNA
authorization to start its services. The bank was registered
in Gaza city on the 10th Aug 1994 with a paid-up capital
(20) Million Dollars.
On 26th of March 1995, PIB’s first Branch was inaugurated in
Gaza city, and since then the administration of the bank
began expanding in other Palestinian cities and territories
successively. This was PIB set plan, which has been finally
realized in the currently existing network of branches
allover the country. |
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