Information and Reporing Unit, Banking Supervision Division					03/12/2002
Statement for the third quarter - consolidated
Investec  Bank (Israel) 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	2,024	3,540	2.0%	2.9%
Securities	1,473	1,027	1.3%	1.0%
Credit to the public	1,674	1,784	0.3%	0.3%
Credit to the government	49	48	0.6%	0.5%
Investments in companies included on an equity basis	3	4	0.1%	0.1%
Buildings and equipment	114	114	1.1%	1.1%
Other assets	175	157	0.9%	0.9%
Total assets	5,512	6,674	0.7%	0.8%
Deposits of the public	4,765	5,747	0.7%	0.8%
Deposits of banks	29	54	0.1%	0.2%
Deposits of the government	0	0	0.0%	0.0%
Bonds and subordinated notes	0	0	0.0%	0.0%
Other liabilities	214	343	0.9%	1.5%
Total liabilities	5,008	6,144	0.6%	0.8%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	0	0
Equity	504	529	1.2%	1.3%
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	67.1	65.3	0.6%	לא חושב	21.1
Loan-loss provision	15.6	20.0	0.4%	לא חושב	1.1
Operating and other income	55.9	52.7	0.9%	לא חושב	17.7
Of which: Operating income	55.1	49.2	1.0%	לא חושב	17.4
Operating and other expenses	95.4	95.1	0.9%	לא חושב	30.1
Of which: Salaries and related expenses	50.4	52.3	0.8%	לא חושב	15.6
Ordinary before-tax provision	12.0	2.9	0.4%	לא חושב	7.6
Provision for taxes on ordinary profit	5.3	4.0	0.4%	לא חושב	2.3
Ordinary after-tax profit	6.7	-1.1	0.5%	לא חושב	5.3
Bank's share in the profit of subsidiaries	-0.3	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	0.0			0.0
Net profit	6.4	-1.1	0.6%	לא חושב	5.3
Profit after the effect of the difference between the known index and the "in lieu" index	7.9	0.3	0.7%	לא חושב
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	2,355	557	2,406	5,318
Balance of financial liabilities on balance-sheet date	2,570	91	2,279	4,939
Excess of financial assets over financial liabilities	-214	466	127	379
Total indexation balance (incl.forwards and options in term of basis assets) 2	-86	466	-1	379
Rate of income on assets (percent) 3	-3.44	4.43	10.74	3.10
Rate of expenditure on liabilities (percent) 3	4.21	-4.00	-9.48	-2.02
Interest-rate differential	0.77	0.43	1.25	1.08
Problem borrowers	30.09.2002	31.12.2001
Total credit risk dew to problem borrowers	160	147
Total credit  to problem borrowers	158	145
Main financial ratios - consolidated (percent)	30.09.2002	31.12.2001
Equity/balance-sheet ratio	9.14	7.93
Finanancial capital/equity ratio	75.18	76.63
Equity/risk-weighted-assets ratio	19.70	19.20
Return on equity (net profit/gross weighted-capital ratio) 4	1.60	-0.20
Operating income/operating expenses ratio 5	58.60	55.30
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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