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BOP records net income of $24.73 million in H1 2018


According to the financial statements of Bank of Palestine BOP for the first half of 2018, Net profit after tax of the period reached 24,730,547 USD Compared with Net profit after tax 24,722,552 USD for 2017, a net increase in profit of 0.03%.Total assets of the company reached 4,563,902,782 USD compared with total assets of 4,884,822,851 USD at the end of year 2017, a net decrease of 6.57%.Total liabilities of the company reached 4,181,141,906 USD compared with total liabilities of 4,434,861,164 USD at the end of year 2017, a net decrease of 5.72%. Net ownership equity of the company reached 382,760,876 USD (Including Non-Controlling Interests of 46,583,562 USD) compared with total owner equity of 449,961,687 USD (Including Non-Controlling Interests of 51,608,372 USD) at the end of year 2017, a net decrease of 14.93%.



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