| 15.04.2008 |
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| Costs and Net Interest Margins in the Unindexed Local-Currency Segment, (02/08), and the Average Interest Rate, (01/08), that Serves as a Basis for Interest on the "Gray Market" |
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| 1. Interest Rates and Net Interest Margins (percent) |
|
| Average interest on credit to the public |
November 2007 |
December 2007 |
January 2008 |
February 2008 |
| Total |
6.83 |
6.91 |
7.14 |
7.15 |
| Term credit |
6.22 |
6.3 |
6.55 |
6.56 |
| Current accounts with debit balances and current loan accounts |
10.11 |
10.17 |
10.37 |
10.52 |
| Average interest on the public's deposits |
|
|
|
|
| Total |
3.1 |
3.14 |
3.32 |
3.28 |
| Time deposits |
3.47 |
3.5 |
3.7 |
3.67 |
| Current accounts with credit balances |
0.91 |
1.00 |
1.02 |
0.99 |
| Interest-rate spread between interest on credit and interest on deposits |
3.73 |
3.77 |
3.82 |
3.87 |
| Net interest margin between return on assets and cost of liabilities |
3.31 |
3.37 |
3.36 |
3.33 |
| Cost of unindexed credit for purposes of the Nonbank Loans Arrangement Law1 |
6.87 |
6.93 |
7.14 |
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| 2. Balances in the Unindexed Segment (NIS billion) |
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| |
November 2007 |
December 2007 |
January 2008 |
February 2008 |
| Balance of credit to the public |
238.6 |
245.8 |
249.1 |
254 |
| Of which to business customers |
172.4 |
178.3 |
180.9 |
186.5 |
| Balance of deposits of the public |
324.7 |
326.4 |
331.2 |
332.7 |
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| 1 |
According to the Nonbank Loans Arrangement Law (the "Gray Market" Law), the maximum cost of such a loan shall be two-and-a-quarter times the average cost of unindexed credit. These data are preliminary until their publication in the Official Gazette. |
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