Information and Reporing Unit, Banking Supervision Division					03/12/2002
Statement for the third quarter - consolidated
Bank Leumi Le-Israel B.M. and its subsidiaries, Main data, NIS million
Taken from the quarterly report to 30.09.2002. Adjusted to the CPI for  09.2002.
Summary consolidated balance sheet	30.09.2002	31.12.2001	Bank's share of the banking system
			30.09.2002	31.12.2001
Cash and deposits in banks	23,595	26,335	23.6%	21.9%
Securities	37,505	42,116	33.5%	39.6%
Credit to the public	176,279	170,941	29.8%	29.3%
Credit to the government	1,544	1,334	17.7%	13.8%
Investments in companies included on an equity basis	1,431	1,494	35.7%	34.4%
Buildings and equipment	2,568	2,487	24.9%	24.1%
Other assets	5,910	5,925	30.1%	33.5%
Total assets	248,832	250,632	29.4%	29.4%
Deposits of the public	207,168	211,389	29.9%	29.9%
Deposits of banks	5,179	3,762	19.1%	16.8%
Deposits of the government	3,401	3,735	17.7%	18.3%
Bonds and subordinated notes	11,051	9,850	29.0%	27.2%
Other liabilities	8,184	8,154	33.0%	36.6%
Total liabilities	234,983	236,890	29.3%	29.3%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	369	459
Equity	13,480	13,283	32.5%	31.5%
Summary consolidated profit and loss statement	Nine months to		Bank's share of the banking system		Three months to
			Nine months to
	30.09.2002	30.09.2001	30.09.2002	30.09.2001	30.09.2002
Net interest profit before loan-loss provision	3,792.0	4,060.0	34.8%	36.4%	1444.0
Loan-loss provision	1,328.0	857.0	33.8%	38.7%	627.0
Operating and other income	2,201.0	2,105.0	34.5%	34.0%	710.0
Of which: Operating income	1,873.0	1,702.0	34.5%	32.8%	613.0
Operating and other expenses	3,884.0	3,980.0	36.5%	36.7%	1343.0
Of which: Salaries and related expenses	2,425.0	2,527.0	37.4%	37.7%	835.0
Ordinary before-tax provision	781.0	1,328.0	28.9%	30.9%	184.0
Provision for taxes on ordinary profit	307.0	566.0	22.1%	28.9%	55.0
Ordinary after-tax profit	474.0	762.0	36.2%	32.6%	129.0
Bank's share in the profit of subsidiaries	4.0	61.0			-2.0
Share of minority shareholders in profit of consolidated companies	-54.0	-25.0			-11.0
Extraordinary after-tax profit	-3.0	3.0			-1.0
Net profit	421.0	801.0	38.5%	39.3%	115.0
Profit after the effect of the difference between the known index and the "in lieu" index	462.0	818.0	38.1%	39.1%
Balances and rates of return on financial items by indexation base on 30.09.2002	Unindexed NIS	CPI-indexed  NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	71,748	61,942	108,938	242,628
Balance of financial liabilities on balance-sheet date	77,544	54,570	102,039	234,153
Excess of financial assets over financial liabilities	-5,796	7,372	6,899	8,475
Total indexation balance (incl.forwards and options in term of basis assets) 2	2,263	6,377	-165	8,475
Rate of income on assets (percent) 3	-1.99	5.01	11.23	5.20
Rate of expenditure on liabilities (percent) 3	4.06	-4.14	-9.08	-3.46
Interest-rate differential	2.08	0.87	2.15	1.74
Problem borrowers	30.09.2002	31.12.2001
Total credit risk dew to problem borrowers	18,700	18,465
Total credit  to problem borrowers	17,329	17,016
Main financial ratios - consolidated (percent)	30.09.2002	31.12.2001
Equity/balance-sheet ratio	5.42	5.30
Finanancial capital/equity ratio	62.87	63.47
Equity/risk-weighted-assets ratio	10.20	9.70
Return on equity (net profit/gross weighted-capital ratio) 4	4.20	7.80
Operating income/operating expenses ratio 5	56.67	53.17
1 Including foreign-currency indexed NIS.
2 Forwards transactions.
3 Nine-month rate of income (expenses), on annual basis including ALM derivatives.
4 Annual basis.
5 For nine months. Comparative data are annual.
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