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ISBK posts net income of $10.03 million in 2015

2016-02-14

According to the financial statements of Palestine Islamic Bank ISBK for the year 2015, Net profit after tax of the period reached 10,033,817 USD Compared with Net profit after tax 7,537,607 USD for 2014, a net increase in profit of 33.12%.Total assets of the company reached 675,211,338 USD compared with total assets of 595,259,913 USD at the end of year 2014, a net increase of 13.43%.Total liabilities of the company reached 601,905,434 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 14.05%. Net ownership equity of the company reached 73,305,904 USD compared with total owner equity of 67,539,672 USD at the end of year 2014, a net increase of 8.54%.