Israel Discount Bank Announces Q4 And Full Year 2012 Financial Results
Discount Group - Principal Data from the CONSOLIDATED Financial Statements
Income and Profitability (in NIS millions) % Q4 Q4 % 2012 2011 change 2012 2011 change Net interest income 4,459 4,617 (3.4) 1,066 1,108 (3.8) Expenses for credit losses 726 778 (6.7) 252 252 - Total non-interest income 3,257 2,937 10.9 784 688 14.0 Total operating and other expenses 5,826 5,845 (0.3) 1,379 1,464 (5.8) Income before taxes 1,164 931 25.0 219 80 173.8 Income after taxes 757 817 (7.3) 112 212 (47.2) Net income attributable to the Bank's shareholders 802 847 (5.3) 169 219 (22.8) Net return on equity attributable to the Bank's shareholders in % 7.1 8.2 5.9 8.6 Net return on equity attributable to the Bank's shareholders in % - excluding the provision for impairment of the Bank's investment in the shares of the First International Bank 7.8 8.2 5.9 8.6
Development of Assets and Liabilities (in NIS millions) December 31 December 31 % 2012 2011 change Total Assets 200,880 202,472 (0.8) Net Credit granted to the public 117,611 116,383 1.1 Securities 46,001 42,898 7.2 Deposits from the public 151,935 153,368 (0.9) Equity attributable to the Bank's shareholders 11,838 10,702 10.6 Total Equity 12,134 11,021 10.1
Principal Financial Ratios (in percentages) 2012 2011 Total Equity to Total Assets 6.0 5.4 Ratio of capital to risk assets 14.3 14.1 Core Capital ratio 8.6 8.1 Expenses for credit losses to average balance of credit granted to the public 0.61 0.65 Net Credit granted to the public, to total assets 58.5 57.5 Net Credit granted to the public, to deposits from the public 77.4 75.9 Deposits from the public to total assets 75.6 75.7 Operating Income to Operating Expenses 55.9 50.2 Operating Expenses to Total Income 75.5 77.4 Adjusted Return on Risk Assets 7.8 8.1
Israel Discount Bank
Israel Discount Bank is a leading financial group in Israel. With nationwide coverage, Israel Discount Bank provides a full spectrum of corporate and retail financial products and services to its clients, both in Israel and key financial centers around the world. Israel Discount Bank is traded on the Tel Aviv Stock Exchange under the ticker DSCT.
Israel Discount Bank Ltd. Head Office: Discount Tower 23 Yehuda Halevi Street, Tel Aviv, Israel Tel: + 972-3-5145555 http://www.discountbank.co.il For additional details please contact: Sarit Weiss S pokesperson Tel: + 972-3-5145516 Mobile : + 972-52-2461151 firstname.lastname@example.orgSOURCE Israel Discount Bank Ltd
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