Hashim Shawa
Influential Palestinian banking sector leader
Date of Birth:
1976
Gaza, Palestine
Place of Birth:
Why Featured?
Hashim Shawa is recognized for his significant contributions to the Palestinian banking sector, particularly through his leadership at the Bank of Palestine. Under his guidance, the bank has become a key financial institution in the region, demonstrating resilience and growth despite challenging circumstances.
Brief bio
Hashim Shawa is a prominent Palestinian banker who has played a pivotal role in the development and expansion of the Bank of Palestine. His leadership has been instrumental in navigating the bank through political and economic challenges, fostering growth, and supporting Palestinian enterprises.
Major Milestones
Contributions
Took over the Bank of Palestine in 2007 at age 31
Grew the bank's branch network to 60 branches
Launched a $200 million loan campaign for micro, small, and medium-sized enterprises (MSMEs)
Set up the Ibtikar venture capital fund for start-ups
Introduced mobile banking via a specific mobile application provided by PalPay
Maintaining a low nonperforming loan ratio of 1.7% in 2015
Increasing the bank’s loan portfolio to $1.38 billion in 2015
Expanding deposit base to $2.24 billion by the end of 2015
Opening a representative office at the Dubai International Financial Centre
Supporting women entrepreneurs through a partnership with the IFC and a mini-MBA program
Date of Last Update:
September 3, 2024
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