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Palestine Commercial Bank profits up 84.1% in H1-14

Palestine Commercial Bank profits up 84.1% in H1-14
PCB
PCB
-6.82% 0.82 -0.06
Profits of Palestine Commercial Bank jumped by 84.1%, the equivalent to $524 thousand during the first half of 2014 compared with $284.7 thousand during the same period of 2013.

Final accounts of the bank mentioned that during the period ended June 30, net revenues of interests and commissions increased by 33.6%, or by $4.231 million compared with $3.17 million in the same period last year.

Earnings per share rose to $0.017 in H1-14 against $0.010 in H1-13.