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ISBK posts net income of $5.08 million in H1 2015

2015-08-12

According to Palestine Islamic Bank ISBK’s financial statements for the first half of 2015, Net profit after tax of the period reached 5,083,151 USD Compared with Net profit after tax 3,375,400 USD for 2014, a net increase in profit of 50.59%.Total assets of the company reached 621,644,638 USD compared with total assets of 595,259,913 USD at the end of year 2014, a net increase of 4.43%.Total liabilities of the company reached 553,422,625 USD (including Total liabilities and unrestricted investments accounts of the bank ) compared with total liabilities of 527,720,241 USD (including Total liabilities and unrestricted investments accounts of the bank ) at the end of year 2014, a net increase of 4.87%. Net ownership equity of the company reached 68,222,013 USD compared with total owner equity of 67,539,672 USD at the end of year 2014, a net increase of 1.01%.