Information and Reporing Unit, Banking Supervision Division					02/12/2003
Statement for the third quarter - consolidated
The First International Bank of Israel 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	10,507	9,478	10.9%	9.9%
Securities	4,560	4,082	3.9%	3.6%
Credit to the public	46,319	48,497	8.2%	8.4%
Credit to the government	205	166	3.2%	2.1%
Investments in companies included on an equity basis	11	10	0.3%	0.3%
Buildings and equipment	737	739	7.0%	7.1%
Other assets	1,636	1,595	7.2%	7.7%
Total assets	63,975	64,567	7.8%	7.8%
Deposits of the public	54,655	55,455	8.1%	8.1%
Deposits of banks	1,056	1,223	4.7%	5.5%
Deposits of the government	652	646	3.8%	3.5%
Bonds and subordinated notes	2,447	2,215	6.3%	6.0%
Other liabilities	1,532	1,607	5.7%	6.6%
Total liabilities	60,342	61,146	7.8%	7.8%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	181	170
Equity	3,452	3,251	7.8%	8.1%
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	1,032.0	878.0	7.1%	6.9%	349.0
Loan-loss provision	415.0	694.0	9.2%	15.3%	170.0
Operating and other income	582.0	543.0	7.1%	7.1%	197.0
Of which: Operating income	482.0	483.0	7.2%	7.4%	170.0
Operating and other expenses	935.0	870.0	6.9%	6.6%	313.0
Of which: Salaries and related expenses	578.0	531.0	7.0%	6.6%	195.0
Ordinary profit before-tax provision	264.0	-143.0	5.5%	not calculated	63.0
Provision for taxes on ordinary profit	117.0	-57.0	5.1%	not calculated	23.0
Ordinary after-tax profit	147.0	-86.0	6.0%	not calculated	40.0
Bank's share in the profit of subsidiaries	1.0	-2.0			0.0
Share of minority shareholders in profit of consolidated companies	-15.0	-11.0			-4.0
Extraordinary after-tax profit	0.0	0.0			0.0
Net profit	133.0	-99.0	5.5%	not calculated	36.0
Profit after the effect of the difference between the known index and the "in lieu" index	122.0	-88.0	5.2%	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	24,185	16,791	21,628	62,604
Balance of financial liabilities on balance-sheet date	27,146	14,201	18,972	60,319
Excess of financial assets over financial liabilities	-2,961	2,590	2,656	2,285
Total indexation balance (incl.forwards and options in term of basis assets)	-393	3,049	-371	2,285
Rate of income on assets (percent) 2	11.18	6.32	0.22	4.40
Rate of expenditure on liabilities (percent) 2	-9.42	-5.36	0.34	-3.37
Interest-rate differential	1.76	0.97	0.56	1.03
Problem borrowers	30.09.2003	31.12.2002
Total credit risk dew to problem borrowers	5,746	4,229
Total credit  to problem borrowers	5,357	3,887
Main financial ratios - consolidated (percent)	30.09.2003	31.12.2002
Equity/balance-sheet ratio	5.40	5.04
Finanancial capital/equity ratio	66.19	73.92
Equity/risk-weighted-assets ratio	10.50	9.80
Return on equity (net profit/gross weighted-capital ratio) 3	5.50	-1.90
Operating income/operating expenses ratio 4	62.25	61.42
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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