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BOP records net income of $54.11 million at the end of 2018


According to the financial statements of Bank of Palestine BOP for year 2018, Net profit after tax of the period reached 54,110,093 USD Compared with Net profit after tax 54,008,928 USD for 2017, a net increase in profit of 0.19%.Total assets of the company reached 4,656,104,580 USD compared with total assets of 4,884,822,851 USD at the end of year 2017, a net decrease of 4.68%.Total liabilities of the company reached 4,240,842,095 USD compared with total liabilities of 4,434,861,164 USD at the end of year 2017, a net decrease of 4.37%. Net ownership equity of the company reached 415,262,485 USD (Including Non-Controlling Interests of 49,648,294 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 7.71%.



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