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ISBK records net income of $3.37 million in H1 2014

2014-08-12

According to Palestine Islamic Bank Company ISBK’s data for the first six months of the year, net profit after taxes reached 3,375,400 USD, compared with a net profit after taxes of 3,361,489 USD from the first six months of 2013, a net increase of 0.4%. Total assets of the company reached 547,261,297 USD as of June 30th, 2014, compared to total assets of 502,251,830 USD as of December 31st, 2013, a net increase of 9.0%. Total liabilities and unrestricted investments accounts of the bank reached 484,007,924 USD as of June 30th, 2014, compared to total liabilities and unrestricted investments accounts of 438,788,179 USD as of December 31st, 2013, a net increase of 10.3%. Net ownership equity of the company reached 63,253,373 USD as of June 30th, 2014, compared with net ownership equity of 63,463,651 USD as of December 31st, 2013, a net decrease of 0.3% in the last six months.

 


 

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