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ISBK posts net income of $1.81 million in Q1 2014

2014-04-29

According to Palestine Islamic Bank Company ISBK data for the first three months of the year, net profit after taxes  reached 1,809,453 USD, compared with a net profit after taxes of 1,443,899 USD from the first three months of 2013, a net increase of 25.3%. Total assets of the company reached 532,948,646 USD as of March 31st, 2014, compared to total assets of 502,251,830 USD as of December 31st, 2013, a net increase of 6.1%. Total liabilities and unrestricted investments accounts of the bank reached 467,908,291 USD as of March 31st, 2014, compared to total liabilities and unrestricted investments accounts of 438,788,179 USD as of December 31st, 2013, a net increase of 6.6%. Net ownership equity of the company reached 65,040,355 USD as of March 31st, 2014, compared with a net ownership equity of 63,463,651 USD as of December 31st, 2013, a net increase of 2.5% in the first three months.

 

 


 

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