Net earnings of the First International Bank Group for the first quarter of 2010 amounted to NIS 129 million, an increase of 18.3% year-on-year.
Return on equity
Return on equity reached 8.5% annualized in 2010 first quarter compared with 8.0% in Q1 09 and only 9.7% in the whole of 2009.
Credit to the public
Credit to the public totaled NIS 60,457 million, an increase of 0.3% year-on-year.
Deposits from the public
Deposits from the public totaled NIS 81,240 million, an increase of 1.9% year-on-year.
Shareholders’ equity rose by NIS 6,316 million,an increase of 2.4%.
The capital adequacy ratio
The capital adequacy reached 14.7%, with the Tier 1 ratio amounting to 9.9%.