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Second Quarter 2014

7.4% growth in net earnings to NIS 160 million

Net earnings of the First International Bank Group for the second quarter of 2014 amounted to NIS 160 million, a year-on-year increase of 7.4%


Deposits from the public grew by 9.9% to NIS 90,686 million..

Credit to the public, net, expanded by 0.6% to NIS 67,835 million, of which retail credit (households, private banking and mortgages) increased by 5.3% to NIS 34,189 million.

The core (Tier 1) capital to risk assets (Basel 3) amounted to 10% on June 30, 2014, compared with 10.11% at the end of 2013. This was after the distribution of dividend to investors in the amount of NIS 230 million.

 

 

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