1. Description
| Name of organization | TNB |
| Typology | Bank |
| Description | The National Bank, listed on the Palestine Securities Exchange, under ticker symbol ”TNB”, is Palestine’s fastest growing bank and one of the country’s most trusted providers of comprehensive financial services. Born from a merger between Al Rafah Microfinance Bank and the Arab Palestinian Investment Bank in 2012, The National Bank has progressively transformed itself from a microfinance banking institution into a universal banking solutions and premium corporate, retail and investment banking services provider. With a paid-up capital of $75 million, The National Bank has secured its position as one of Palestine’s five largest banks and has maintained its history of strong performance to achieve an over 80% average annual growth in deposits and credit facilities, high levels of liquidity (loan-to-deposit ratio) and a robust 17.91% capital adequacy ratio. In February 2015, and in a groundbreaking transaction, TNB acquired Bank al Etihad’s operations in Palestine to become the first Palestinian bank on record to acquire the operations of a Jordanian bank. |
| Location | The National Bank -TNB- operates through 21 branches and offices throughout the West Bank |
| Geographical scope | Palestine |
| Experiences in financing eco innovative projects | Yes |
| Instruments | Loans , LC , Revolving loans , LG, overdraft . |
| Average investment – amount | – |
2. Investor Criteria
| Scope of operations – Industry/tags | Women driven companies, agriculture, all economic sectors |
| Phase of grow | Growth |
| Most important prerequisites for financing a project | Feasibility study, cash flow statement, experience |
| Most important barriers that prevent financing | Bad credit history, deficit cash flow, lace collaterals. |
| Minimum investment required | – |
| Currently available financial products | Loans , LC , Revolving loans , LG, overdraft . |
3. Contact details
| Contact persons / emails | – |
| Address and telephone | The National Bank HQ, Masyoun, Ramallah |
| Web site | www.tnb.ps |
