Financial & Services

PADICO HOLDING’s investments in the financial and services sector totaled USD 422.40 million, representing 68% of the Company’s total direct investments at the end of 2014.

The following table is a summary of the companies operating in the financial and service sector


Company Accounting
Subscribed Capital
(USD million)
Percentage of Direct
and Indirect Ownership (%)
PALTEL Group Affiliate 185.64 31.41
Palestine Exchange Subsidiary 10.00 74.7
VTEL Holdings Other  377.00  10.13 
The National Bank Other 70.00 4.00

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