Information and Reporing Unit, Banking Supervision Division					09/09/2002
Statement for the second quarter - consolidated
Euro-Trade Bank Ltd. and its subsidiaries, Main data, NIS million
Taken from the quarterly report to 30.06.2002. Adjusted to the CPI for  06.2002.
Summary consolidated balance sheet	30.06.2002	31.12.2001	Bank's share of the banking system
			30.06.2002	31.12.2001
Cash and deposits in banks	74	70	0.1%	0.1%
Securities	32	84	0.0%	0.1%
Credit to the public	217	213	0.0%	0.0%
Credit to the government	0	0	0.0%	0.0%
Investments in companies included on an equity basis	0	0	0.0%	0.0%
Buildings and equipment	2	2	0.0%	0.0%
Other assets	14	13	0.1%	0.1%
Total assets	339	381	0.0%	0.0%
Deposits of the public	244	287	0.0%	0.0%
Deposits of banks	16	19	0.1%	0.1%
Deposits of the government	0	0	0.0%	0.0%
Bonds and subordinated notes	2	2	0.0%	0.0%
Other liabilities	17	15	0.1%	0.1%
Total liabilities	280	323	0.0%	0.0%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	0	0
Equity	58	58	0.1%	0.1%
Summary consolidated profit and loss statement	Six months to		Bank's share of the banking system		Three months to
			Six months to
	30.06.2002	30.06.2001	30.06.2002	30.06.2001	30.06.2002
Net interest profit before loan-loss provision	8.5	7.7	0.1%	0.1%	3.8
Loan-loss provision	0.0	0.0	0.0%	0.0%	0.1
Operating and other income	2.6	1.3	0.1%	0.0%	1.2
Of which: Operating income	2.6	1.3	0.1%	0.0%	1.2
Operating and other expenses	7.7	7.7	0.1%	0.1%	4.1
Of which: Salaries and related expenses	3.8	4.0	0.1%	0.1%	2.1
Ordinary before-tax provision	3.3	1.4	0.2%	0.0%	0.8
Provision for taxes on ordinary profit	0.6	0.4	0.1%	0.0%	0.2
Ordinary after-tax profit	2.7	1.0	0.3%	0.1%	0.7
Bank's share in the profit of subsidiaries	0.0	0.0			0.0
Share of minority shareholders in profit of consolidated companies	0.0	0.0			0.0
Extraordinary after-tax profit	0.0	0.3			0.0
Net profit	2.7	1.3	0.3%	0.1%	0.7
Profit after the effect of the difference between the known index and the "in lieu" index	3.7	1.5	0.3%	0.1%
Balances and rates of return on financial items by indexation base on 30.06.2002	Unindexed NIS	CPI-indexed  NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	159	45	133	336
Balance of financial liabilities on balance-sheet date	174	30	74	278
Excess of financial assets over financial liabilities	-16	15	58	58
Total indexation balance (incl.forwards and options in term of basis assets) 2	13	45	-1	58
Rate of income on assets (percent) 3	-5.26	2.30	15.26	0.46
Rate of expenditure on liabilities (percent) 3	7.27	-4.13	-11.86	1.34
Interest-rate differential	2.01	-1.83	3.40	1.81
Problem borrowers	30.06.2002	31.12.2001
Total credit risk dew to problem borrowers	16	17
Total credit  to problem borrowers	16	17
Main financial ratios - consolidated (percent)	30.06.2002	31.12.2001
Equity/balance-sheet ratio	17.27	15.23
Finanancial capital/equity ratio	98.98	96.53
Equity/risk-weighted-assets ratio	27.84	25.92
Return on equity (net profit/gross weighted-capital ratio) 4	9.62	9.12
Operating income/operating expenses ratio 5	33.16	21.76
1 Including foreign-currency indexed NIS.
2 Forwards transactions.
3 Six-month rate of income (expenses), on annual basis including ALM derivatives.
4 Annual basis.
5 For six months. Comparative data are annual.
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