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TNB Board to convene Dec 20

TNB Board to convene Dec 20
TNB
TNB
0.69% 1.45 0.01
The National Bank (TNB) has scheduled its Board meeting to be held on Saturday, December 20, to discuss the estimated budget of the Bank for 2015 as well as the strategic plan, according to the Palestine Exchange (PEX).

It is worth mentioning that the Bank’s net profit after taxes surged by 27.0% to $3.65 million during the first nine months of 2014 compared to $2.87 million in the same nine-month period of a year earlier.

TNB capital amounts to about $50 million, distributed on 50 million shares at $1 par value each.

Photo Credit: Arabianeye-Reuters