The PIB was established by a group of elite Arab and Palestinian Bankers which are known for their banking superior experience that was gained from their global banking exposure. Palestine Investment Bank P.L.C. was established in Palestine on August 10, 1994 as a public shareholding company with a share capital of U.S. Dollar 20 million, in accordance with the Company’s Law of 1929.
PIB started operations during March 1995, and is currently operating through its Head Office in Al-Bireh and its nineteen branches and offices located in Palestine. The capital of PIB has grown incrementally over the past two decades and has reached U.S. Dollar 75 million in outstanding capital and U.S. Dollar 100 million in authorized capital.
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