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Press Releases

Financial Statements-Annual Report 2010

Increase of 18.1% in Leumi's annual net profit to NIS 2,378 million ($670 million)

 

  • Net return on equity for the year 2010 – 10.3%

 

  • The Bank’s capital adequacy remains the highest in the Israeli banking system: 15.1%, of which Tier 1 capital ratio is 8.57%

 

  • Net interest income, before provision for doubtful debts, increased by 5.8%, to NIS 7.4 billion ($2.1 billion)

 

  • Credit to the public increased by 9.4% and amounted to NIS 224.0 billion ($63.1 billion) at the end of 2010

 

  • Shareholder’s equity of the Bank rose by 8.3% and amounted to NIS 23.7 billion ($6.7 billion) at the end of 2010

 

  • In 2010, the Leumi Group’s contributions and sponsorships for community and social causes amounted to NIS 30.4 million ($8.6 million)