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Annual Report 2014

NIS 478 million net earnings for the First International Bank in 2014

Net earnings of the First International Bank Group for 2014 totaled NIS 478 million.

Return on equity amounted to 7.0%. In the fourth quarter of the year, the group's earnings reached NIS 61 million.

Credit to the public, net, (average balances) grew by 2.4% to NIS 68,744 million.

Deposits from the public (average balances) rose by 7.8% to NIS 90,079 million.

The ratio of core (Tier 1) capital to risk assets (Basel 3) amounted to 9.73% compared with 9.98% at the end of 2013.

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