CEO Statement

Dear Investor

Dear Investor,

The First International Bank Group continues to present income growth, while retaining a high level of financial resilience as apparent from the highest level of core capital in the banking system, among other indicators. Concurrently, a tight hold is being kept on expenses which is reflected by a gradual and continual improvement in the efficiency ratio.

And to the results:

Net earnings of the First International Bank Group for the first quarter of 2013 amounted to NIS 136 million, compared with NIS 143 million in 2012/Q1 and NIS 132 million in 2012/Q4. Return on equity reached 8.5% annualized in 2013 first quarter, compared with 9.5% in the whole of 2012.

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