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ISBK posts net income of $5.23 million in 9M 2014

2014-10-26

According to Palestine Islamic Bank ISBK’s data for the first nine months of the year, net profit after taxes reached 5,231,402 USD, compared with a net profit after taxes of 5,047,548 USD from the first nine months of 2013, a net increase of 3.6%. Total assets of the company reached 594,637,297 USD as of September 30th, 2014, compared to total assets of 502,251,830 USD as of December 31st, 2013, a net increase of 18.4%. Total liabilities and unrestricted investments accounts of the company reached 529,525,806 USD as of September 30th, 2014, compared to total liabilities and unrestricted investments accounts of 438,788,179 USD as of December 31st, 2013, a net increase of 20.7%. Net ownership equity of the company reached 65,111,492 USD as of September 30th, 2014, compared with a net ownership equity of 63,463,651 USD as of December 31st, 2013, a net increase of 2.6% in the first nine months.

 


 

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