Quds Bank was set up in Palestine in 1995. It is the fourth largest bank in Palestine with 7.8% of the assets of the banking sector. The bank, which is headquartered in Ramallah, operates via 39 branches, 70 ATMs and currently has 741 employees. It offers its services to a wide range of private and business clients, especially SMEs.
Quds Bank and Proparco have signed the first risk-sharing agreement under the European Union’s MENA SME Facility. This operation will allow Quds Bank to lend the equivalent of EUR 2m to SMEs, with a focus on high-impact companies, especially green SMEs, companies owned by women and start-ups.
The project will contribute to Quds Bank’s efforts to support Palestinian SMEs operating in key segments, such as green microenterprises and small and medium-sized enterprises (companies operating in sectors such as renewable energies, energy efficiency and sustainable agriculture), SMEs owned by women and start-ups.

This project is carried out with the support of the European Union
The content of this project information sheet falls under the sole responsibility of the Proparco and does not necessarily reflect the opinions of the European Union.
This information is given at the time of signature, without prejudice to any developments in the operation/project
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News
SignatureQuds Bank, Proparco and the European Union join efforts to support SME financing and high impact companies in Palestine
Published on 26 October 2021 -
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