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PIBC posts net income of $0.90 million in Q1 2025

2025-05-18

According to  the financial statements of Palestine Investment Bank PIBC for the 1st Quarter of 2025, Net profit after tax of the period reached 902,678 USD Compared with Net profit after tax 1,223,068 USD for 2024, a net decrease in profit of 26.20%.Total assets of the company reached 794,535,184 USD compared with total assets of 803,224,936 USD at the end of year 2024, a net decrease of 1.08%.Total liabilities of the company reached 688,844,591 USD compared with total liabilities of 698,349,864 USD at the end of year 2024, a net decrease of 1.36%. Net ownership equity of the company reached 105,690,593 USD compared with total owner equity of 104,875,072 USD at the end of year 2024, a net increase of 0.78%.