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BOP posts net income of $66.65 million in 2022

2023-02-16

According to the financial statements of Bank of Palestine BOP for the year 2022, Net profit after tax of the period reached 66,646,637 USD Compared with Net profit after tax 56,254,327 USD for 2021, a net increase in profit of 18.47%.Total assets of the company reached 6,487,960,857 USD compared with total assets of 6,508,221,806 USD at the end of year 2021, a net decrease of 0.31%.Total liabilities of the company reached 5,942,038,236 USD compared with total liabilities of 6,012,122,377 USD at the end of year 2021, a net decrease of 1.16%. Net ownership equity of the company reached 545,922,621 USD (Including Non-Controlling Interests of 64,517,885 USD) compared with total owner equity of 496,099,429 USD (Including Non-Controlling Interests of 60,728,386 USD) at the end of year 2021, a net increase of 10.04%.Noting that paid-in capital increased from 217,433,527 USD in year 2021 to 223,958,577 USD of this year, a net increase of 3.00%.