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Palestine Investment Bank (PIBC) earns a pretax income of USD 4.14 million in the third quarter of 2010

2010-10-17

Palestine Investment Bank (PIBC) disclosed its financial statements for the third quarter of 2010, and the company’s financial results as of 30/09/2010 indicated a pretax income of USD 4.14  million comparing to USD 3.81 million in the third quarter of 2009. The company’s assets reached USD 255.57 million at the end 30/09/2010 after they reached 245.62 million on 31/12/2009. Total liabilities reached USD 191.13 million at the end of the third quarter of 2010 comparing to USD 184.54  million as of 31/12/2009. Shareholders’ equity reached USD 64.44 million on 30/09/2010 after they reached USD 61.08 million at the end of 2009.

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