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BOP reports net income of $38.81 million in 9M 2018

2018-11-04

According to the financial statements of Bank of  Palestine for the first nine months of 2018, Net profit after tax of the period reached 38,806,676 USD Compared with Net profit after tax 38,541,624 USD for 2017, a net increase in profit of 0.69%.Total assets of the company reached 4,764,269,376 USD compared with total assets of 4,884,822,851 USD at the end of year 2017, a net decrease of 2.47%.Total liabilities of the company reached 4,367,432,371 USD compared with total liabilities of 4,434,861,164 USD at the end of year 2017, a net decrease of 1.52%. Net ownership equity of the company reached 396,837,005 USD (Including Non-Controlling Interests of 47,563,913 USD) compared with total owner equity of 449,961,687 USD (Including None-Controlling Interests of 51,608,372 USD) at the end of year 2017, a net decrease of 11.81%.