Year-End Financial Statements of AL QUDS BANK(QUDS) for the year 2016

According to financial statements for year 2016, Net profit after tax of the period reached 10,470,704 USD Compared with Net profit after tax 8,018,747 USD for 2015, a net increase in profit of 30.58%.Total assets of the company reached 960,070,324 USD compared with total assets of 804,160,135 USD at the end of year 2015, a net increase of 19.39%.Total liabilities of the company reached 871,003,035 USD compared with total liabilities of 727,207,684 USD at the end of year 2015, a net increase of 19.77%. Net ownership equity of the company reached 89,067,289 USD compared with total owner equity of 76,952,451 USD at the end of year 2015, a net increase of 15.74%.Noting that paid-in capital increased from 55,000,000 USD in year 2015 to 61,050,000 USD of this year,a net increase of 11.00%

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