Information and Reporing Unit, Banking Supervision Division					03/12/2002
Statement for the third quarter - bank
Poalei Agudat Israel Bank Ltd., 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	1,348	2,552	1.3%	2.1%
Securities	108	106	0.1%	0.1%
Credit to the public	856	915	0.1%	0.2%
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	28	29	0.3%	0.3%
Other assets	11	6	0.1%	0.0%
Total assets	2,350	3,608	0.3%	0.4%
Deposits of the public	2,108	2,584	0.3%	0.4%
Deposits of banks	10	813	0.0%	3.6%
Deposits of the government	0	0	0.0%	0.0%
Bonds and subordinated notes	0	0	0.0%	0.0%
Other liabilities	20	17	0.1%	0.1%
Total liabilities	2,139	3,414	0.3%	0.4%
Quasi-capital items	0	0	0.0%	0.0%
Equity	211	194	0.5%	0.5%
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	51.4	53.2	0.5%	0.5%	19.7
Loan-loss provision	10.7	13.7	0.3%	0.6%	4.9
Operating and other income	47.3	42.9	0.7%	0.7%	15.7
Of which: Operating income	47.3	42.9	0.9%	0.8%	15.7
Operating and other expenses	53.2	51.3	0.5%	0.5%	18.1
Of which: Salaries and related expenses	24.8	25.0	0.4%	0.4%	8.5
Ordinary before-tax provision	34.8	31.1	1.3%	0.7%	12.4
Provision for taxes on ordinary profit	16.6	15.0	1.2%	0.8%	5.5
Ordinary after-tax profit	18.2	16.1	1.4%	0.7%	6.9
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
Extraordinary after-tax profit	0.0	0.0			0.0
Net profit	18.2	16.1	1.7%	0.8%	6.9
Profit after the effect of the difference between the known index and the "in lieu" index	18.5	16.5	1.5%	0.8%
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	1,648	518	156	2,322
Balance of financial liabilities on balance-sheet date	1,627	356	156	2,139
Excess of financial assets over financial liabilities	22	161	0	183
Total indexation balance (incl.forwards and options in term of basis assets) 2	22	161	0	183
Rate of income on assets (percent) 3	-2.77	5.17	5.68	-1.08
Rate of expenditure on liabilities (percent) 3	4.75	-3.69	-4.27	3.32
Interest-rate differential	1.97	1.47	1.41	2.24
Problem borrowers	30.09.2002	31.12.2001
Total credit risk dew to problem borrowers	75	59
Total credit  to problem borrowers	75	46
Main financial ratios - consolidated (percent)	30.09.2002	31.12.2001
Equity/balance-sheet ratio	8.98	5.37
Finanancial capital/equity ratio	86.88	85.12
Equity/risk-weighted-assets ratio	15.50	16.30
Return on equity (net profit/gross weighted-capital ratio) 4	12.70	12.60
Operating income/operating expenses ratio 5	88.91	83.24
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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