Information and Reporing Unit, Banking Supervision Division					02/12/2003
Statement for the third quarter - consolidated
Bank Yahav Le-Ovdei Hamdina 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	4,126	3,578	4.3%	3.7%
Securities	1,970	1,737	1.7%	1.5%
Credit to the public	1,060	983	0.2%	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	121	125	1.1%	1.2%
Other assets	37	50	0.2%	0.2%
Total assets	7,314	6,473	0.9%	0.8%
Deposits of the public	6,883	6,103	1.0%	0.9%
Deposits of banks	9	8	0.0%	0.0%
Deposits of the government	0	1	0.0%	0.0%
Bonds and subordinated notes	0	0	0.0%	0.0%
Other liabilities	67	48	0.2%	0.2%
Total liabilities	6,959	6,160	0.9%	0.8%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	0	0
Equity	356	313	0.8%	0.8%
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	103.5	84.2	0.7%	0.7%	35.3
Loan-loss provision	2.4	1.0	0.1%	0.0%	0.8
Operating and other income	108.5	106.3	1.3%	1.4%	36.9
Of which: Operating income	55.3	59.0	0.8%	0.9%	19.2
Operating and other expenses	156.6	153.1	1.2%	1.2%	55.1
Of which: Salaries and related expenses	88.0	87.0	1.1%	1.1%	30.8
Ordinary profit before-tax provision	53.0	36.4	1.1%	1.1%	16.3
Provision for taxes on ordinary profit	26.0	17.5	1.1%	1.1%	7.8
Ordinary after-tax profit	27.0	18.9	1.1%	1.2%	8.5
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	1.1	0.2			0.3
Net profit	28.1	19.1	1.2%	1.3%	8.8
Profit after the effect of the difference between the known index and the "in lieu" index	27.4	19.2	1.2%	1.3%
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	3,488	3,393	313	7,193
Balance of financial liabilities on balance-sheet date	3,545	3,107	307	6,959
Excess of financial assets over financial liabilities	-56	286	5	235
Total indexation balance (incl.forwards and options in term of basis assets)	-64	286	13	235
Rate of income on assets (percent) 2	10.71	5.58	-2.54	7.66
Rate of expenditure on liabilities (percent) 2	-7.67	-4.79	3.59	-5.80
Interest-rate differential	3.04	0.80	1.05	1.86
Problem borrowers	30.09.2003	31.12.2002
Total credit risk dew to problem borrowers	49	54
Total credit  to problem borrowers	45	50
Main financial ratios - consolidated (percent)	30.09.2003	31.12.2002
Equity/balance-sheet ratio	4.86	4.84
Finanancial capital/equity ratio	65.96	60.20
Equity/risk-weighted-assets ratio	16.40	17.50
Return on equity (net profit/gross weighted-capital ratio) 3	12.10	10.10
Operating income/operating expenses ratio 4	69.28	70.29
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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