Arab Islamic Bank (AIB) has scheduled its Board meeting to be held on Tuesday, December 23, to review its financial results for the period ended November 30, 2014 as well as discussing the estimated budget of the Bank for 2015, according to the Palestine Exchange (PEX).

It is worth mentioning that AIB’s net profit after taxes reached $3.32 million during the first nine months of 2014, compared to $2.72 million in the corresponding period a year earlier, recording a rise by 21.9%.

The Bank’s capital amounts to about $50 million, distributed on 50 million shares at $1 par value each.

Photo Credit: Arabianeye-Reuters