Quds Bank
QUDS
QUDS
Al-Quds Bank Company (QUDS) announced its unaudited interim condensed financials in a statement to the Palestine Exchange (PEX).
According to QUDS data for the first nine-month period ending September 30, 2014, net profit after taxes amounted to $5.87 million, compared to $4.52 million in the corresponding period a year earlier, adding 29.6%.
QUDS’s total assets stood at $636.21 million as at September 30, 2014, compared to $532.58 million by December 31, 2013, gaining 19.5%. Total liabilities reached $566.42 million as at September 30, 2014, against $467.59 million as at December 31, 2013, registering a net increase of 21.1%.
The company’s net ownership equity amounted to $69.78 million as at September 30, 2014, compared to $64.99 million by December 31, 2013, rising 7.4% in the first nine months.
According to QUDS data for the first nine-month period ending September 30, 2014, net profit after taxes amounted to $5.87 million, compared to $4.52 million in the corresponding period a year earlier, adding 29.6%.
QUDS’s total assets stood at $636.21 million as at September 30, 2014, compared to $532.58 million by December 31, 2013, gaining 19.5%. Total liabilities reached $566.42 million as at September 30, 2014, against $467.59 million as at December 31, 2013, registering a net increase of 21.1%.
The company’s net ownership equity amounted to $69.78 million as at September 30, 2014, compared to $64.99 million by December 31, 2013, rising 7.4% in the first nine months.
Source:
Mubasher
