Bank of Palestine announced unaudited consolidated earnings results for the first half of 2018. For the period, the company’s interest income was USD 77,311,392 compared to USD 73,876,894 a year ago. Net interest income was USD 56,963,298 compared to USD 53,848,320 a year ago. Net income before tax was USD 34,565,795 compared to USD 34,970,391 a year ago. Net comprehensive income was USD 23,188,800 compared to USD 24,474,122 a year ago. Net cash outflow from operating activities was USD 225,786,230 compared to net cash flow from operating activities of USD 67,909,222 a year ago. Purchase of financial assets at fair value through other amounted to USD 1,055,000 compared to USD 586,667 a year ago. Purchase of intangible assets amounted to USD 598,790 compared to USD 1,835,417 a year ago.