Financial Results
Retail Banking
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Discount Bank 2016 profit up 21% to NIS 961m
Israel Discount Bank reported a net profit of NIS 905 million for 2016 today, 21% more than in 2015. The 2016 profit represents a return on equity of 6.6%, which compares with a return of 5.8% in 2015. Excluding certain components the net profit for 2016 totaled NIS 980 million,…
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