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Financial Statements

Net earnings of NIS 140 million for First International Bank in Q209

Net earnings
Net earnings of the First International Bank Group in Q209 amounted to NIS 140 million, an increase of 44.3% year-on-year. Net earnings in the first half of the year rose by 33.9% to NIS 249 million.

 

Return on equity
Return on equity reached 9.9% in the second quarter and 8.8% in the first half.

 

Shareholders equity
Shareholders equity totaled NIS 5,895 million on June 30 2009 compared with NIS 5,491 million on December 31 2008, an increase of NIS 404 million or 7.4%.

 

The capital adequacy ratio
The capital adequacy ratio reached 13.95%, with the Tier 1 ratio amounting to 9.5%.


 

 

 

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