Information and Reporing Unit, Banking Supervision Division					02/12/2003
Statement for the third quarter - consolidated
Israel Continental 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	44	61	0.0%	0.1%
Securities	4	5	0.0%	0.0%
Credit to the public	1,146	1,464	0.2%	0.3%
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	6	6	0.1%	0.1%
Other assets	10	14	0.0%	0.1%
Total assets	1,210	1,549	0.1%	0.2%
Deposits of the public	436	448	0.1%	0.1%
Deposits of banks	609	919	2.7%	4.1%
Deposits of the government	0	0	0.0%	0.0%
Bonds and subordinated notes	0	0	0.0%	0.0%
Other liabilities	17	24	0.1%	0.1%
Total liabilities	1,062	1,391	0.1%	0.2%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	0	0
Equity	148	158	0.3%	0.4%
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	28.3	28.3	0.2%	0.2%	9.4
Loan-loss provision	20.8	85.3	0.5%	1.9%	0.7
Operating and other income	4.7	6.1	0.1%	0.1%	1.4
Of which: Operating income	4.7	6.1	0.1%	0.1%	1.4
Operating and other expenses	24.0	27.1	0.2%	0.2%	8.6
Of which: Salaries and related expenses	15.2	17.1	0.2%	0.2%	5.6
Ordinary profit before-tax provision	-11.8	-78.0	not calculated	not calculated	1.5
Provision for taxes on ordinary profit	-1.8	-2.1	not calculated	not calculated	-0.7
Ordinary after-tax profit	-10.0	-75.9	not calculated	not calculated	2.2
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	-10.0	-75.9	not calculated	not calculated	2.2
Profit after the effect of the difference between the known index and the "in lieu" index	-10.3	-74.9	not calculated	not calculated
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	557	162	485	1,204
Balance of financial liabilities on balance-sheet date	530	45	487	1,062
Excess of financial assets over financial liabilities	27	117	-2	143
Total indexation balance (incl.forwards and options in term of basis assets)	26	117	-1	143
Rate of income on assets (percent) 2	10.94	7.34	0.26	5.02
Rate of expenditure on liabilities (percent) 2	-9.67	-6.15	0.99	-3.48
Interest-rate differential	1.26	1.19	1.25	1.54
Problem borrowers	30.09.2003	31.12.2002
Total credit risk dew to problem borrowers	167	202
Total credit  to problem borrowers	160	195
Main financial ratios - consolidated (percent)	30.09.2003	31.12.2002
Equity/balance-sheet ratio	12.22	10.18
Finanancial capital/equity ratio	96.41	96.51
Equity/risk-weighted-assets ratio	12.60	10.60
Return on equity (net profit/gross weighted-capital ratio) 3	-8.40	-40.90
Operating income/operating expenses ratio 4	19.58	22.41
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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