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Palestine Commercial Bank (PCB) earns a pretax income of $0.56 million in the first half of 2010

2010-08-16

Palestine Commercial Bank (PCB) 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 $ 0.79 million compared to $0.71 million in the first half of 2009. The company’s assets reached $ 140.98 million at the end 30/06/2010 after they reached $ 132.03 million on 31/12/2009. Total liabilities reached $ 112.91 million at the end of the first half of 2010 compared to $ 104.90 million as of 31/12/2009. Shareholders’ equity reached $ 28.07 million on 30/06/2010 after they reached $ 27.13 million at the end of 2009.