Information and Reporing Unit, Banking Supervision Division					03/12/2002
Statement for the third quarter - consolidated
Otsar Hahayal Bank Ltd. 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	1,607	2,104	1.6%	1.8%
Securities	485	281	0.4%	0.3%
Credit to the public	6,439	6,410	1.1%	1.1%
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	128	109	1.2%	1.1%
Other assets	74	62	0.4%	0.4%
Total assets	8,733	8,965	1.0%	1.1%
Deposits of the public	7,817	8,116	1.1%	1.1%
Deposits of banks	28	23	0.1%	0.1%
Deposits of the government	16	22	0.1%	0.1%
Bonds and subordinated notes	272	204	0.7%	0.6%
Other liabilities	125	130	0.5%	0.6%
Total liabilities	8,257	8,494	1.0%	1.1%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	1	1
Equity	475	471	1.1%	1.1%
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	180.1	191.4	1.7%	1.7%	73.5
Loan-loss provision	20.5	29.9	0.5%	1.3%	11.1
Operating and other income	125.1	110.6	2.0%	1.8%	40.5
Of which: Operating income	110.4	98.4	2.0%	1.9%	36.4
Operating and other expenses	236.7	234.1	2.2%	2.2%	79.8
Of which: Salaries and related expenses	137.4	142.1	2.1%	2.1%	45.8
Ordinary before-tax provision	48.0	38.0	1.8%	0.9%	23.1
Provision for taxes on ordinary profit	24.8	24.5	1.8%	1.3%	11.1
Ordinary after-tax profit	23.2	13.5	1.8%	0.6%	12.0
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	23.2	13.2	2.1%	0.6%	12.0
Profit after the effect of the difference between the known index and the "in lieu" index	25.6	14.5	2.1%	0.7%
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	5,100	2,466	1,035	8,601
Balance of financial liabilities on balance-sheet date	4,856	2,439	957	8,251
Excess of financial assets over financial liabilities	245	27	79	350
Total indexation balance (incl.forwards and options in term of basis assets) 2	249	105	-3	350
Rate of income on assets (percent) 3	-1.06	4.86	11.33	2.01
Rate of expenditure on liabilities (percent) 3	4.50	-4.25	-8.25	0.79
Interest-rate differential	3.44	0.61	3.08	2.80
Problem borrowers	30.09.2002	31.12.2001
Total credit risk dew to problem borrowers	519	516
Total credit  to problem borrowers	502	490
Main financial ratios - consolidated (percent)	30.09.2002	31.12.2001
Equity/balance-sheet ratio	5.44	5.25
Finanancial capital/equity ratio	73.69	77.40
Equity/risk-weighted-assets ratio	10.03	9.94
Return on equity (net profit/gross weighted-capital ratio) 4	6.62	2.70
Operating income/operating expenses ratio 5	52.85	47.05
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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