Financial Results
Retail Banking
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Bank of Palestine Announces net profit of $53.05 million for FY 2016
The bank’s net profit reached $53,055,980 achieving a 22.91 per cent increase in comparison with $43,167,433 in 2015. The Bank was able to achieve both organic growth from its own operations and diversified income from investments in subsidiary companies; mainly from its increased stake in Islamic Banking Operations.
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