Early Warning System

Countries

Palestine, West Bank, Gaza

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

European Bank for Reconstruction and Development (EBRD)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Proposed

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Dec 16, 2026

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

Bank of Palestine plc

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Finance

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 8.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Project Cost (USD)

$ 8.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Primary Source

Original disclosure @ EBRD website

Updated in EWS Nov 10, 2026

Disclosed by Bank Nov 5, 2026

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank provided information, the project involves the provision of a senior unsecured loan of up to USD 8.0 million (approximately EUR 7.1 million) to Bank of Palestine plc (BoP) under the Green Economy Financing Facility (GEFF) Framework - West Bank and Gaza. The loan will be used for on-lending to eligible private micro, small and medium-sized enterprises (MSMEs) and residential sub-borrowers for investments in small-scale renewable energy, water, energy and resource efficiency, circular economy solutions and relevant green technology supply chains. The use of proceeds will be limited to eligible investments in the West Bank.

The financing will be funded by the West Bank and Gaza Net Income Allocation Trust Fund. The loan will be accompanied by investment incentives for eligible sub-borrowers and a comprehensive technical cooperation package supporting the implementation of the GEFF programme, funded by the European Union through the EU-EBRD Sustainable Growth4All Programme.

The project will enable BoP to expand green finance in the West Bank and support MSMEs and residential clients in reducing energy and resource costs, improving resilience and adopting higher-performing climate technologies. The facility will also support the local supply chain for green technologies and promote gender-responsive access to green finance through capacity building for BoP staff and targeted green finance and technology training for women sub-borrowers.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

Financial Intermediary

A financial intermediary is a bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.

Bank of Palestine (Financial Intermediary)

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

BANK OF PALESTINE

BoP is the largest bank in the West Bank and Gaza, with USD 10.7bn in assets at YE2025. It has market shares of 48.3%, 39.8%, and 50.3% in terms of assets, deposits, and loans, respectively, at YE2025. The bank is the largest SME lender and a key advocate for women's financial empowerment. Headquartered in Ramallah, the bank operates a total of 70 branches across the West Bank and Gaza and has over 1700 employees serving more than one million clients as of December 2025. The bank has been listed on the Palestine Exchange since 2005 with a high and granular free float. The bank has a diversified business model serving retail, corporate and the public sector. BoP has representative offices in Dubai, Chile and more recently Egypt to serve the Palestinian diaspora.

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Catherine Halteh, Head of Investor Relations
Catherine.Halteh@bankofpalestine.com
00972-2-294-6700
https://www.bankofpalestine.com
Ramallah, Ein Misbah Postal code: 471

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html