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Israel Discount Bank Announces Q4 And Full Year 2012 Financial Results

TEL AVIV, Israel, March 20, 2013 /PRNewswire/ --

Net Income -   NIS   802 million compared to   NIS   847 million in 2011, a decrease of 5.3%

Excluding the provision for impairment of the Bank's investment in the shares of the First International Bank, the Net Income for 2012 would have amounted to NIS 875 million, an increase of 3.3% compared to 2011.

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Net Return on Equity attributable to the Bank's shareholders - 7.1% compared to 8.2% in 2011

Excluding the provision for impairment of the Bank's investment in the shares of the First International Bank, the Net Return on Equity for 2012 would have reached 7.8%.

Fourth Quarter Net Income -   NIS   169 million compared to   NIS   219 million in the fourth quarter of 2011, a decrease of 22.8%

Fourth Quarter Net Return on Equity attributable to the Bank's shareholders - 5.9% compared to 8.6% in the fourth quarter of 2011

Ratio of Capital to Risk Assets - 14.3%, Core Capital Ratio - 8.6%

Israel Discount Bank Limited (TASE:DSCT), one of  Israel 's leading banks,  today reported  its  Q 4 and Full Year 201 2  f i nancial results.

The Discount Group's Net Income for 2012 totaled NIS 802 million, compared to NIS 847 million in 2011.

The Net Return on Equity attributable to the Bank's Shareholders reached 7.1%, compared to 8.2% in 2011.

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