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A press statement issued by the Palestine Securities Exchange
Alrafah Microfinance Bank AMB discloses its financial statements for the 3rd quarter of 2007
The PSE received the edited financial statements for AMB on 30/09/2007.The disclosure system gives companies a month to reveal their financial data for the 3rd quarter of this year. AMB’s data was disclosed through an electronic system SEF approved by the market. It was noted that this disclosure data was not validate by the Palestinian Monetary Authority. The data received has been posted on the markets website at ( www.p-s-e.com ),in conjunction with the issuance of this statement as was the distribution of data to securities companies to inform members. Data for AMB’s 3rd quarter of this year indicated a net income, after taxes, of $713,826. The total amount of assets amounted to $76,863,506. The total amount of liabilities is $48,773,469. The amount of net dues is $28,090,037.