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PIBC posts net income of $5.07 million in 2023

2024-03-17

According to the financial statements of Palestine Investment Bank PIBC for the year 2023, Net profit after tax of the period reached 5,065,819 USD Compared with Net profit after tax 5,087,119 USD for 2022, a net decrease in profit of 0.42%.Total assets of the company reached 792,247,173 USD compared with total assets of 746,299,396 USD at the end of year 2022, a net increase of 6.16%.Total liabilities of the company reached 687,659,440 USD compared with total liabilities of 642,933,371 USD at the end of year 2022, a net increase of 6.95%. Net ownership equity of the company reached 104,587,733 USD compared with total owner equity of 103,366,025 USD at the end of year 2022, a net increase of 1.18%.

 


 

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