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BOP records net income of $9.99 million in Q1 2015


According to Bank of Palestine BOP’s data for Q1 2015, Net profit after tax of the period reached 9,989,049 USD Compared with Net profit after tax 9,562,372 USD for 2014, a net increase in profit of 4.46%.Total assets of the company reached 2,439,326,278 USD compared with total assets of 2,424,773,961 USD at the end of year 2014, a net increase of 0.60%.Total liabilities of the company reached 2,150,178,578 USD compared with total liabilities of 2,144,667,383 USD at the end of year 2014, a net increase of 0.25%. Net ownership equity of the company reached 289,147,700 USD (Including None-Controlling Intrests of 724,100 USD) compared with total owner equity of 280,106,578 USD (Including None-Controlling Intrests of 682,432 USD) at the end of year 2014, a net increase of 3.23%.


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