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PCB reports net income of $1.40 million in 2015

2016-02-14

According to the financial statements of Palestine Commercial Bank PCB for the year 2015, Net profit after tax of the period reached 1,394,788 USD Compared with Net profit after tax 1,198,637 USD for 2014, a net increase in profit of 16.36%.Total assets of the company reached 282,896,132 USD compared with total assets of 279,352,043 USD at the end of year 2014, a net increase of 1.27%.Total liabilities of the company reached 244,831,927 USD compared with total liabilities of 243,038,037 USD at the end of year 2014, a net increase of 0.73%. Net ownership equity of the company reached 38,064,205 USD compared with total owner equity of 36,314,006 USD at the end of year 2014, a net increase of 4.82%.