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BOP achieves net income of $29.29 million in 9M 2013

2013-10-28

According to Bank of Palestine Company ( BOP)’s data for the first nine months of the year, net profit after taxes reached 29,295,406 USD, compared with a net profit after taxes of 29,760,248 USD from the first nine months of 2012, a net decrease of 1.6%. Total assets of the company reached 2,335,796,683 USD as of September 30th, 2013, compared to total assets of 2,004,494,095 USD as of December 31st, 2012, a net increase of 16.5%. Total liabilities of the company reached 2,096,035,937 USD as of September 30th, 2013, compared to total liabilities of 1,783,520,186 USD as of December 31st, 2012, a net increase of 17.5%. Net ownership equity of the company reached 239,760,746 USD (including 561,615 USD in Minority Rights) as of September 30th, 2013, compared with net ownership equity of 220,973,909 USD (including 583,859 USD in Minority Rights) as of December 31st, 2012, a net increase of 8.5% in the first nine months. Furthermore, paid-in capital increased from 134,000,000 USD on December 31st, 2012 to 150,000,000 USD by September 30th, 2013, an increase of 11.9%.

 


 

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