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Financial Statements

Financial Statements - Annual Report 2008

Despite the financial crisis and its impact on the Group’s business: 

Net profit of NIS 92 million ($24.2 million) for Leumi in 2008

 

  • In accordance with the Immediate Report of March 16, 2009 the loss for the fourth quarter of 2008 amounted to NIS 1,183 million ($311.2 million)
  • Shareholder’s equity of the Bank amounted to NIS 18.7 billion ($4.9 billion) at the end of 2008
  • The Bank’s capital adequacy remains high – 11.49%
  • Credit to the public increased by 7.4% in 2008 and amounted to NIS 213.2 billion ($56.1 billion)
  • Deposits of the public increased by 2.8% in 2008 and amounted to NIS 244.8 billion ($64.4 billion)
  • In 2008, the Leumi Group’s contributions and sponsorships for community and social causes amounted to NIS 28.4 million ($7.5 million)