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TNB records net income of $5.70 million in 9M 2016

2016-10-27

According to the financial statements of the National Bank TNB for the first nine months of 2016, Net profit after tax of the period reached 5,702,787 USD Compared with Net profit after tax 4,328,561 USD for 2015, a net increase in profit of 31.75%.Total assets of the company reached 935,740,407 USD compared with total assets of 820,268,531 USD at the end of year 2015, a net increase of 14.08%.Total liabilities of the company reached 844,753,006 USD compared with total liabilities of 730,449,453 USD at the end of year 2015, a net increase of 15.64%. Net ownership equity of the company reached 90,987,401 USD compared with total owner equity of 89,819,078 USD at the end of year 2015, a net increase of 1.30%.