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ISBK posts net income of $7.66 million in 9M 2015

2015-10-28

According to the financial statements of Palestine Islamic Bank ISBK for the first nine months of 2015, Net profit after tax of the period reached 7,657,998 USD Compared with Net profit after tax 5,231,402 USD for 2014, a net increase in profit of 46.39%.Total assets of the company reached 653,811,555 USD compared with total assets of 595,259,913 USD at the end of year 2014, a net increase of 9.84%.Total liabilities of the company reached 582,985,504 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 10.47%. Net ownership equity of the company reached 70,826,051 USD compared with total owner equity of 67,539,672 USD at the end of year 2014, a net increase of 4.87%.


 

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