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Al Quds Bank earns a pretax income of $ 1.854 million in the first quarter of 2010


Al Quds Bank Company (QUDS) disclosed its financial statements for the first quarter of 2010, and the company’s financial results as of 31/03/2010 indicated a pretax income of $ 1,854,295 comparing to a pretax income of $ 1,882,758 in the first quarter of 2009. The company’s assets reached $ 360,268,697  at the end 31/03/2010 after they reached $ 330,132,209 on 31/12/2009. Total liabilities reached $ 311,704,727 at the end of the first quarter of 2010 comparing to $ 283,372,731 as of 31/12/2009. Shareholders’ equity reached $ 48,563,970 on 31/03/2010 after they reached $ 46,759,478 at the end of 2009.


High liquidity level raises the market's trading volume this week

PICO approves raising the paid-capital to $6 million

TIC approves raising the paid-capital to $10.00 million

Active Trading with the increase of semi-annual financial data anticipation

LADAEN restructures itself and establishes a new company

Al-Quds Index breaks through new psychological level and gains 2.99% in this week



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