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NIS 286 million net earnings for First International Bank

in 2011 first half—an increase of 33.6% year-on-year
Return on equity – 10.3%. Capital adequacy – 12.98%

Net earnings
Net earnings of the First International Bank Group for the first half of 2011 amounted to NIS 286 million, an increase of 33.6% year-on-year. Return on equity reached 10.3% annualized in 2011 first half compared with 7.0% in 2010 first half and 8.0% in the whole of 2010.

 

Credit to the public
Credit to the public totaled NIS 63,853 million on June 30, 2011 compared with NIS 60,411 million on June 30, 2010, an increase of 5.7%. Deposits from the public totaled NIS 79,085 million compared with NIS 80,113 million on June 30, 2010, a decrease of 1.3%

 

The ratio of capital to risk assets
The ratio of capital to risk assets, calculated in accordance with the Basel II directives, raised to 12.98%, with the Tier I (core) ratio amounting to 8.38%.

 





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