Annual increase of 23.7% in the net profit of Discount Bank in the third quarter of 2022

Annual increase of 23.7% in the net profit of Discount Bank in the third quarter of 2022
Annual increase of 23.7% in the net profit of Discount Bank in the third quarter of 2022


Breaking news

Discount Bank published the business results for the third quarter of 2022, according to which an annual increase of 23.7% was recorded in the net profit to NIS 893 million. The data also shows that the net return on capital increased to 15.0% compared to 13.8% in the corresponding quarter last year and compared to 11.8% in the previous quarter. Net credit to the public amounted to NIS 236.88 billion – an increase of 11.1%. In total, revenues increased at an annual rate of 23.8% to NIS 3.31 billion.

Uri Levin, CEO of the Discount Group, said that “Even in this quarter, the Discount Group is showing excellent performance that reflects the strength of the bank and the group.”


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23/11/2022 10:48


The article is Hebrew

Tags: Annual increase net profit Discount Bank quarter

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