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Al-Quds Bank achieves a net income of $2.64 million in H1 2013

2013-08-18

According to company data for the first six months of the year, net profit after taxes reached 2,639,207 USD, compared with a net profit after taxes of 1,632,587 USD from the first six months of 2012, a net increase of 61.7%. Total assets of the company reached 488,923,486 USD as of June 30^th, 2013, compared to total assets of 480,906,793 USD as of December 31^st, 2012, a net increase of 1.7%. Total liabilities of the company reached 428,407,708 USD as of June 30^th, 2013, compared to total liabilities of 422,921,107 USD as of December 31^st, 2012, a net increase of 1.3%. Net ownership equity of the company reached 60,515,778 USD as of June 30^th, 2013, compared with a net ownership equity of 57,985,686 USD as of December 31^st, 2012, a net increase of 4.4%in the last six months.