Financial Statements - Annual Report 2009
Leumi reports the highest net profit in the Israeli banking system: NIS 2.014 billion ($533.5 million) in 2009
- Net return on equity in 2009 – 10.2%
- The Bank’s capital adequacy remains high in relation to the Israeli banking system:
- According to Basel 2 – Capital adequacy: 14.09%, of which Tier 1 capital ratio is 8.33%
- According to Basel 1 - Capital adequacy: 14.31%, of which Tier 1 capital ratio is 8.52%
- An increase of NIS 2.4 billion ($636 million) (26.2%) in total income (interest and operating) in 2009, to NIS 11.6 billion ($3.07 billion)
- Shareholders' equity of the Bank amounted to NIS 21.9 billion ($5.8 billion) at the end of 2009
- In 2009, contributions and sponsorships of the Leumi Group for community and social causes, amounted to NIS 26.5 million ($7.0 million)
- For the first time the Bank is publishing its capital adequacy target:
Capital ratio: 14.0%-14.5%; Tier 1 Capital: 8.0%-8.5%