March 31st, 2008
Financial statements of the Leumi Group
for the first quarter of 2008:
Net profit of NIS 470 million ($132.3 million) for Leumi
in the first quarter of 2008
- Net return on equity in the first quarter: 9.8% (on an annual basis)
- Net operating profit amounted to NIS 472 million ($132.8 million)
- Net interest income grew by 9.3% and amounted to NIS 1.96 mllion
($551.6 million)
- Leumi's capital adequacy ratio is at 11.77% (Tier I Capital: 7.73%)
- Financial assets under the Group’s management, balance sheet and off-balance sheet, amounted to NIS 731 billion ($205.7 billion)
