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BOP posts net income of $1.40 million in H1 2024

2024-09-16

According to the financial statements of Bank of Palestine for the first half of 2024, Net profit after tax of the period reached 1,404,469 USD Compared with Net profit after tax 43,126,599 USD for 2023, a net decrease in profit of 96.74%.Total assets of the company reached 7,500,857,821 USD compared with total assets of 7,126,060,748 USD at the end of year 2023, a net increase of 5.26%.Total liabilities of the company reached 6,943,002,220 USD compared with total liabilities of 6,565,700,366 USD at the end of year 2023, a net increase of 5.74%. Net ownership equity of the company reached 557,855,601 USD (Including Non-Controlling Interests of 66,415,619 USD) compared with total owner equity of 560,360,382 USD (Including Non-Controlling Interests of 65,854,384 USD) at the end of year 2023, a net decrease of 0.45%.

 


 

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