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ISBK realizes a net loss of USD 69,929 at the end of 2009

2010-02-16

Palestine Islamic Bank  (ISBK) announced its preliminary annual financial results as of 31/12/2009. The results indicate the following:

·         Net income of USD 69,929  with A decline  rate of %97.21

·         Total assets of USD 298,546,437  with a decline rate of %1.06

·         Total liabilities of USD 262,615,767 with a decline of % 6.25

·         Total shareholders" equity of USD 35,930,670 with a growth rate of %22.50.