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BOP posts net income of $43.13 million in H1 2023

2023-08-15

According to financial statements of Bank of Palestine BOP for the first half of 2023, Net profit after tax of the period reached 43,126,599 USD Compared with Net profit after tax 34,850,153 USD for 2022, a net increase in profit of 23.75%.Total assets of the company reached 6,615,544,010 USD compared with total assets of 6,487,960,857 USD at the end of year 2022, a net increase of 1.97%.Total liabilities of the company reached 6,023,121,683 USD compared with total liabilities of 5,942,038,236 USD at the end of year 2022, a net increase of 1.36%. Net ownership equity of the company reached 592,422,327 USD (Including Non-Controlling Interests of 66,462,756 USD) compared with total owner equity of 545,922,621 USD (Including Non-Controlling Interests of 64,517,885 USD) at the end of year 2022, a net increase of 8.52%.Noting that paid-in capital increased from 223,958,577 USD in year 2022 to 230,677,334 USD of this year,a net increase of 3.00%.