Israel Discount Bank Announces Q3/2012 Financial Results

Israel Discount Bank Announces Q3/2012 Financial Results PR Newswire TEL-AVIV, Israel, November 29, 2012 TEL-AVIV, Israel, November 29, 2012 /PRNewswire/ -- Q3 Net Income - NIS 221 million compared to NIS 121 million in Q3/2011, an increase of 82.6%. Q3 Net Return on Equity attributable to the Bank's Shareholders - 7.9% compared to 4.7% in Q3/2011. Net Income for the first nine months of 2012 - NIS 633 million compared to NIS 628 million for the first nine months of 2011, an increase of 0.8%. Excluding the provision for impairment of the Bank's investment in the shares of the First International Bank, the Net Income for the first nine months of 2012 would have amounted to NIS 706 million, an increase of 12.4% compared to the first nine months of 2011. Net Return on Equity attributable to the Bank's Shareholders for the first nine months of 2012 - 7.7% compared to 8.2% for both the first nine months of 2011 and for the whole of 2011. Excluding the provision for impairment of the Bank's investment in the shares of the First International Bank, the Net Return on Equity for the first nine months of 2012 would have reached 8.6%. Ratio of Capital to Risk Assets- 14.2%, Core Capital Ratio - 8.4% Israel Discount Bank Limited (TASE:DSCT), one of Israel's leading banks, today reported its Q3/2012 financial results. http://photos.prnewswire.