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PCB posts net income of $0.33 million in Q1 2015

2015-04-26

According to Palestine Commercial Bank PCB’s financial data for Q1 2015, Net profit after tax of the period reached 335,395 USD Compared with Net profit after tax 274,886 USD for 2014, a net increase in profit of 22.01%.Total assets of the company reached 264,718,967 USD compared with total assets of 279,352,043 USD at the end of year 2014, a net decrease of 5.24%.Total liabilities of the company reached 227,628,986 USD compared with total liabilities of 243,038,037 USD at the end of year 2014, a net decrease of 6.34%. Net ownership equity of the company reached 37,089,981 USD compared with total owner equity of 36,314,006 USD at the end of year 2014, a net increase of 2.14%.