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PCB records net income of $0.57 million in H1 2015

2015-08-16

According to Palestine Commercial Bank PCBS’s financial statements for the first half of 2015, Net profit after tax of the period reached 570,000 USD Compared with Net profit after tax 524,018 USD for 2014, a net increase in profit of 8.77%.Total assets of the company reached 297,270,276 USD compared with total assets of 279,352,043 USD at the end of year 2014, a net increase of 6.41%.Total liabilities of the company reached 259,594,191 USD compared with total liabilities of 243,038,037 USD at the end of year 2014, a net increase of 6.81%. Net ownership equity of the company reached 37,676,085 USD compared with total owner equity of 36,314,006 USD at the end of year 2014, a net increase of 3.75%.