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)