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BOP records net income of $43.17 million in 2015

2016-02-15

According to the financial statements of Bank of Palestine BOP for the year 2015, Net profit after tax of the period reached 43,167,433 USD Compared with Net profit after tax 40,222,506 USD for 2014, a net increase in profit of 7.32%.Total assets of the company reached 2,785,203,240 USD compared with total assets of 2,424,773,961 USD at the end of year 2014, a net increase of 14.86%.Total liabilities of the company reached 2,479,446,936 USD compared with total liabilities of 2,144,667,383 USD at the end of year 2014, a net increase of 15.60%. Net ownership equity of the company reached 305,756,304 USD (Including Non-Controlling Interests of 757,950 USD) compared with total owner equity of 280,106,578 USD (Including Non-Controlling Interests of 682,432 USD) at the end of year 2014, a net increase of 9.16%.Noting that paid-in capital increased from 160,000,000 USD in year 2014 to 175,000,000 USD of this year, a net increase of 9.38%.