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Al Quds Bank (QUDS) earns a pretax income of $ 4.57 million in the first half of 2010

2010-08-15

Al Quds Bank (QUDS) disclosed its semi- annual financial statements for the first half of 2010, and the company’s financial results as of 30/06/2010 indicated a pretax income of $ 4.57 million compared to pretax income of $ 2.77 million in the first half of 2009. The company’s assets reached $ 323.18 million at the end 30/06/2010 after they reached $ 330.13 million on 31/12/2009. Total liabilities reached $ 272.90 million at the end of the first half of 2010 compared to $ 283.37 million as of 31/12/2009. Shareholders’ equity reached $ 50.28 million on 30/06/2010 after they reached $ 46.76 million at the end of 2009.