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Palestine Islamic Bank achieves pretax income of $2.07 million in Q1 2013

2013-04-30

According to Palestine Islamic Bank Company ( ISBK)’s data for the first three months of the year, net profit before tax reached 2,073,899 USD, compared with a net profit before tax of 1,672,967 USD from the first three months of 2012, a net increase of 24.0%. Total assets of the company reached 451,259,986 USD as of March 31st, 2013, compared to total assets of 423,109,279 USD as of December 31st, 2012, a net increase of 6.7%. Total liabilities and unrestricted investments accounts of the bank reached 391,909,595 USD as of March 31st, 2013, compared to total liabilities and unrestricted investments accounts of 365,202,787 USD as of December 31st, 2012, a net increase of 7.3%. Net ownership equity of the company reached 59,350,391 USD as of March 31st, 2013, compared with a net ownership equity of 57,906,492 USD as of December 31st, 2012, a net increase of 2.5% in the first three months.

 


 

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