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PIBC records net income of $3.77 million in 2021

2022-02-15

According to the financial statements of Palestine Investment Bank PIBC for year 2021, Net profit after tax of the period reached 3,765,682 USD Compared with Net profit after tax 3,675,302 USD for 2020, a net increase in profit of 2.46%.Total assets of the company reached 738,244,822 USD compared with total assets of 641,183,298 USD at the end of year 2020, a net increase of 15.14%.Total liabilities of the company reached 635,617,618 USD compared with total liabilities of 542,329,935 USD at the end of year 2020, a net increase of 17.20%. Net ownership equity of the company reached 102,627,204 USD compared with total owner equity of 98,853,363 USD at the end of year 2020, a net increase of 3.82%.

 


 

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