| 15.12.2008 |
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Costs and Net Interest Margins in the Unindexed Local-Currency Segment, (10/08),
and the Average Interest Rate, (09/08), that Serves as a Basis for Interest on the "Gray Market" |
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| 1. Interest Rates and Net Interest Margins (percent) |
|
| Average interest on credit to the public |
July 2008 |
August 2008 |
September 2008 |
October 2008 |
| Total |
6.57 |
6.88 |
7.13 |
6.83 |
| Term credit |
6.08 |
6.37 |
6.63 |
6.31 |
| Current accounts with debit balances and current loan accounts |
9.68 |
10.21 |
10.39 |
10.12 |
| Average interest on the public's deposits |
|
|
|
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| Total |
2.95 |
3.31 |
3.45 |
3.07 |
| Time deposits |
3.32 |
3.74 |
3.88 |
3.44 |
| Current accounts with credit balances |
0.89 |
0.94 |
1.02 |
0.97 |
| Interest-rate spread between interest on credit and interest on deposits |
3.62 |
3.57 |
3.68 |
3.77 |
| Net interest margin between return on assets and cost of liabilities |
3.28 |
3.18 |
3.21 |
3.41 |
| Cost of unindexed credit for purposes of the Nonbank Loans Arrangement Law1 |
6.57 |
6.88 |
7.13 |
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| 2. Balances in the Unindexed Segment (NIS billion) |
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July 2008 |
August 2008 |
September 2008 |
October 2008 |
| Balance of credit to the public |
279.2 |
279.4 |
287.3 |
293.6 |
| Of which to business customers |
202.4 |
201.3 |
207.2 |
211.8 |
| Balance of deposits of the public |
349.1 |
348.5 |
354.7 |
365.4 |
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| 1 |
According to the Nonbank Loans Arrangement Law (the "Gray Market" Law), the maximum cost of such a loan shall be two-and-a-quarter times the average cost of unindexed credit. These data are preliminary until their publication in the Official Gazette. |
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