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2020-08-24

Customer deposits grow by $ 1 billion in 2019, comparing to 2018

Palestine Economy Portal

Customer deposits in banks operating in Palestine amounted to $ 13.36 billion during 2019. A growth rate of nearly $ billion over 2018.

Bank of Palestine acquired the largest share of customer deposits in Palestine during 2019, with a value of about $ 4.11 billion, with a market share of 30.8%.

As for customer deposits in the Arab Bank amounted to $ 3.25 billion, with a market share of 24.4%.

The third largest bank in Palestine, the National Bank, acquired about $ 1.97 billion, with a market share of 14.8%.

In total, customer deposits in local banks amounted to about $ 7.6 billion, with a market share of 57%.

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