Information and Reporing Unit, Banking Supervision Division					03/12/2002
Statement for the third quarter - bank
Industrial Dev. 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	151	743	0.2%	0.6%
Securities	66	244	0.1%	0.2%
Credit to the public	11,850	12,516	2.0%	2.1%
Credit to the government	1,039	1,061	11.9%	11.0%
Investments in companies included on an equity basis	2	1	0.0%	0.0%
Buildings and equipment	11	13	0.1%	0.1%
Other assets	65	209	0.3%	1.2%
Total assets	13,183	14,787	1.6%	1.7%
Deposits of the public	1,773	4,451	0.3%	0.6%
Deposits of banks	2,273	931	8.4%	4.2%
Deposits of the government	8,123	8,025	42.3%	39.4%
Bonds and subordinated notes	38	36	0.1%	0.1%
Other liabilities	182	283	0.7%	1.3%
Total liabilities	12,388	13,725	1.5%	1.7%
Quasi-capital items	350	339	100.0%	100.0%
Equity	445	724	1.1%	1.7%
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	71.8	112.2	לא חושב	1.0%	23.7
Loan-loss provision	237.9	55.1	לא חושב	2.5%	59.4
Operating and other income	10.4	15.2	לא חושב	0.2%	3.5
Of which: Operating income	13.6	14.7	לא חושב	0.3%	4.5
Operating and other expenses	100.2	70.2	לא חושב	0.6%	56.1
Of which: Salaries and related expenses	75.8	44.4	לא חושב	0.7%	47.3
Ordinary before-tax provision	-255.9	2.1	לא חושב	0.0%	-88.3
Provision for taxes on ordinary profit	0.2	2.8	לא חושב	0.1%	0.0
Ordinary after-tax profit	-256.1	-0.7	לא חושב	0.0%	-88.3
Bank's share in the profit of subsidiaries	-0.5	0.0			0.0
Share of minority shareholders in profit of consolidated companies					0.0
Extraordinary after-tax profit	6.6	9.0			0.1
Net profit	-250.0	8.3	לא חושב	0.4%	-88.2
Profit after the effect of the difference between the known index and the "in lieu" index	-246.4	8.4	לא חושב	0.4%
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	1,414	2,613	9,106	13,133
Balance of financial liabilities on balance-sheet date	2,209	1,805	8,368	12,382
Excess of financial assets over financial liabilities	-794	808	738	751
Total indexation balance (incl.forwards and options in term of basis assets) 2	-295	808	239	751
Rate of income on assets (percent) 3	-1.38	3.24	11.19	7.95
Rate of expenditure on liabilities (percent) 3	2.75	-3.90	-10.82	-7.70
Interest-rate differential	1.38	-0.66	0.37	0.24
Problem borrowers	30.09.2002	31.12.2001
Total credit risk dew to problem borrowers	1,477	1,384
Total credit  to problem borrowers	1,354	1,300
Main financial ratios - consolidated (percent)	30.09.2002	31.12.2001
Equity/balance-sheet ratio	3.38	4.89
Finanancial capital/equity ratio	168.63	140.98
Equity/risk-weighted-assets ratio	8.60	13.90
Return on equity (net profit/gross weighted-capital ratio) 4	-42.22	-2.66
Operating income/operating expenses ratio 5	10.38	23.42
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.
					18