Information and Reporing Unit, Banking Supervision Division					02/12/2003
Statement for the third quarter - consolidated
Otsar Hahayal Bank Ltd. and its subsidiaries, Main data, NIS million
Taken from the quarterly report to 30.09.2003. Adjusted to the CPI for  09.2003.
Summary consolidated balance sheet	30.09.2003	31.12.2002	Banking group's share of the banking system
			30.09.2003	31.12.2002
Cash and deposits in banks	1,828	1,579	1.9%	1.6%
Securities	586	398	0.5%	0.4%
Credit to the public	6,480	6,500	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	144	127	1.4%	1.2%
Other assets	63	69	0.3%	0.3%
Total assets	9,101	8,674	1.1%	1.0%
Deposits of the public	8,058	7,705	1.2%	1.1%
Deposits of banks	24	37	0.1%	0.2%
Deposits of the government	20	22	0.1%	0.1%
Bonds and subordinated notes	347	308	0.9%	0.8%
Other liabilities	118	129	0.4%	0.5%
Total liabilities	8,567	8,200	1.1%	1.0%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	1	1
Equity	534	473	1.2%	1.2%
Summary consolidated profit and loss statement	nine months to		Banking group's share of the banking system		three months to
			nine months to
	30.09.2003	30.09.2002	30.09.2003	30.09.2002	30.09.2003
Net interest profit before loan-loss provision	231.0	175.5	1.6%	1.4%	75.6
Loan-loss provision	21.2	20.1	0.5%	0.4%	8.9
Operating and other income	120.4	123.9	1.5%	1.6%	42.4
Of which: Operating income	107.7	109.5	1.6%	1.7%	37.8
Operating and other expenses	241.3	232.2	1.8%	1.8%	85.3
Of which: Salaries and related expenses	136.7	134.8	1.7%	1.7%	49.2
Ordinary profit before-tax provision	88.9	47.1	1.9%	1.5%	23.8
Provision for taxes on ordinary profit	43.2	24.4	1.9%	1.5%	11.9
Ordinary after-tax profit	45.7	22.7	1.8%	1.4%	11.9
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	0.0			0.0
Extraordinary after-tax profit	0.0	0.0			0.0
Net profit	45.7	22.7	1.9%	1.6%	11.9
Profit after the effect of the difference between the known index and the "in lieu" index	45.2	25.1	1.9%	1.6%
Balances and rates of return on financial items by indexation base on 30.09.2003 consolidated	Unindexed NIS	CPI-indexed  NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	4,962	2,600	1,391	8,953
Balance of financial liabilities on balance-sheet date	5,192	2,423	947	8,562
Excess of financial assets over financial liabilities	-230	177	444	392
Total indexation balance (incl.forwards and options in term of basis assets)	-19	345	66	392
Rate of income on assets (percent) 2	12.63	6.40	0.03	8.58
Rate of expenditure on liabilities (percent) 2	-8.76	-5.39	0.57	-6.09
Interest-rate differential	3.87	1.01	0.60	2.49
Problem borrowers	30.09.2003	31.12.2002
Total credit risk dew to problem borrowers	455	476
Total credit  to problem borrowers	433	453
Main financial ratios - consolidated (percent)	30.09.2003	31.12.2002
Equity/balance-sheet ratio	5.87	5.45
Finanancial capital/equity ratio	73.35	73.80
Equity/risk-weighted-assets ratio	10.18	9.80
Return on equity (net profit/gross weighted-capital ratio) 3	13.10	5.44
Operating income/operating expenses ratio 4	49.90	52.15
1 Including foreign-currency indexed NIS.
2 Nine-month rate of income (expenses), on annual basis including hedging, embedded and ALM derivatives.
3 Annual basis.
4 For nine months. Comparative data are annual.
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