Palestine Islamic Bank
ISBK
ISBK
Palestine Islamic Bank Company (ISBK) announced its unaudited interim condensed financial results in a statement to the Palestine Exchange (PEX).
According to ISBK data for the first nine months of 2014, net profit after taxes amounted to $5.23 million, compared to $5.05 million in the corresponding period a year earlier, recording a rise by 3.6%.
The company’s total assets reached $594.64 million as at September 30, 2014, compared to $502.25 million by December 31, 2013, gaining 18.4%. Total liabilities and unrestricted investments accounts stood at $529.52 million as at September 30, 2014, against $438.78 million by December 31, 2013, registering an increase of 20.7%.
ISBK’s net ownership equity reached $65.11 million as at September 30, 2014, compared to $63.46 million by December 31, 2013, adding 2.6% in the first nine months.
According to ISBK data for the first nine months of 2014, net profit after taxes amounted to $5.23 million, compared to $5.05 million in the corresponding period a year earlier, recording a rise by 3.6%.
The company’s total assets reached $594.64 million as at September 30, 2014, compared to $502.25 million by December 31, 2013, gaining 18.4%. Total liabilities and unrestricted investments accounts stood at $529.52 million as at September 30, 2014, against $438.78 million by December 31, 2013, registering an increase of 20.7%.
ISBK’s net ownership equity reached $65.11 million as at September 30, 2014, compared to $63.46 million by December 31, 2013, adding 2.6% in the first nine months.
Source:
Mubasher
