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Financial Reports 2nd Quarter 2018

30/08/2018

  Financial Highlights

Net profit in the second quarter of 2018 after increasing

the provision with respect to the US DOJ investigation by

NIS 425 million (USD 116.5 million): NIS 207 million

 

Net profit (excluding the effects of the additional provision) in the second quarter: NIS 472 million

 

Return on equity in the second quarter: 6.1%

Net profit return on equity (excluding the aforementioned effects): 14.1%

 

Financing revenues in the second quarter: NIS 1,474 million

Compared to NIS 1,194 million in the corresponding period last year, 23.5% growth

 

Net profit in the first half of 2018

After increasing the provision with respect to the investigation:
NIS 550 million

 

Net profit (excluding the aforementioned) in the first half: NIS 815 million

 

Return on equity in the first half: 8.1%

Net profit return on equity (excluding the aforementioned): 12.0%

 

Cost-income ratio in the first half: 65.9%

Cost-income ratio (excluding the aforementioned) in the first half: 56.2%

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 Further Information


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