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Third quarter 2013

NIS 144 million net earnings and return on equity of 9%
for First International Bank in 2013 third quarter


Net earnings of the First International Bank Group for the first nine months of 2013 amounted to NIS 429 million, compared with NIS 445 million in the same period last year.

 

Earnings before taxes increased by 5.1% year-on-year and reached NIS 716 million.

 

In the third quarter of 2013, earnings totaled NIS 144 million compared with NIS 149 million in the second quarter and NIS 161 million in 2012/Q3.

 

Return on equity reached 8.7% annualized in the first nine months of the year, and 9.0% in the third quarter.

 

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