Information and Reporing Unit, Banking Supervision Division					09/09/2002
Statement for the second quarter - consolidated
Israel Continental 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	103	130	0.1%	0.1%
Securities	10	8	0.0%	0.0%
Credit to the public	1,696	1,902	0.3%	0.3%
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	6	6	0.1%	0.1%
Other assets	39	62	0.2%	0.4%
Total assets	1,854	2,108	0.2%	0.2%
Deposits of the public	627	722	0.1%	0.1%
Deposits of banks	981	1,055	4.2%	4.7%
Deposits of the government	0	0	0.0%	0.0%
Bonds and subordinated notes	0	0	0.0%	0.0%
Other liabilities	44	60	0.2%	0.3%
Total liabilities	1,652	1,837	0.2%	0.2%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	0	0
Equity	201	271	0.5%	0.6%
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	16.2	27.7	0.0%	0.3%	6.8
Loan-loss provision	71.9	3.4	0.0%	0.2%	59.8
Operating and other income	4.6	5.3	0.0%	0.1%	2.2
Of which: Operating income	4.6	5.1	0.0%	0.1%	2.2
Operating and other expenses	18.2	19.0	0.0%	0.2%	8.9
Of which: Salaries and related expenses	11.7	12.3	0.0%	0.2%	5.7
Ordinary before-tax provision	-69.3	10.6	0.0%	0.3%	-59.7
Provision for taxes on ordinary profit	0.0	5.2	0.0%	0.3%	4.1
Ordinary after-tax profit	-69.3	5.4	0.0%	0.3%	-63.8
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	2.9			0.0
Net profit	-69.3	8.3	0.0%	0.5%	-63.8
Profit after the effect of the difference between the known index and the "in lieu" index	-66.7	9.2	0.0%	0.6%
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	738	235	875	1,848
Balance of financial liabilities on balance-sheet date	758	23	871	1,652
Excess of financial assets over financial liabilities	-20	213	3	196
Total indexation balance (incl.forwards and options in term of basis assets) 2	13	213	-30	196
Rate of income on assets (percent) 3	-6.24	3.71	7.12	0.77
Rate of expenditure on liabilities (percent) 3	7.82	-3.18	-5.60	0.78
Interest-rate differential	1.57	0.53	1.52	1.55
Problem borrowers	30.06.2002	31.12.2001
Total credit risk dew to problem borrowers	223	224
Total credit  to problem borrowers	218	219
Main financial ratios - consolidated (percent)	30.06.2002	31.12.2001
Equity/balance-sheet ratio	10.86	12.84
Finanancial capital/equity ratio	97.37	97.93
Equity/risk-weighted-assets ratio	11.30	13.10
Return on equity (net profit/gross weighted-capital ratio) 4	-44.70	-1.10
Operating income/operating expenses ratio 5	25.27	30.05
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.