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Bank of Palestine (BOP) earns a pretax income of $17.72 million in the first half of 2010

2010-08-16

Bank of Palestine (BOP) disclosed its semi- annual financial statements for the first half of 2010, and the company’s financial results as of 30/06/2010 indicated a pretax income of $ 17.72 million compared to $16.29 million in the first half of 2009. The company’s assets reached $ 1.38 billion at the end 30/06/2010 after they reached $ 1.28 billion on 31/12/2009. Total liabilities reached $ 1.24 billion at the end of the first half of 2010 compared to $ 1.13 billion as of 31/12/2009. Shareholders’ equity reached $ 141.33 million (minority interests of $0.59 million) on 30/06/2010 after they reached $ 15.88 million (minority interests of $ 0.58 million) at the end of 2009.