| 06.10.2008 |
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| Costs and Net Interest Margins in the Unindexed Local-Currency Segment, (08/08), and the Average Interest Rate, (07/08), that Serves as a Basis for Interest on the "Gray Market" |
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| 1. Interest Rates and Net Interest Margins (percent) |
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| Average interest on credit to the public |
May 2008 |
June 2008 |
July 2008 |
August 2008 |
| Total |
6.10 |
6.38 |
6.57 |
6.88 |
| Term credit |
5.60 |
5.89 |
6.08 |
6.37 |
| Current accounts with debit balances and current loan accounts |
9.23 |
9.52 |
9.68 |
10.21 |
| Average interest on the public's deposits |
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|
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| Total |
2.70 |
2.88 |
2.95 |
3.31 |
| Time deposits |
3.07 |
3.24 |
3.32 |
3.74 |
| Current accounts with credit balances |
0.78 |
0.90 |
0.89 |
0.94 |
| Interest-rate spread between interest on credit and interest on deposits |
3.40 |
3.50 |
3.62 |
3.57 |
| Net interest margin between return on assets and cost of liabilities |
3.33 |
3.22 |
3.28 |
3.18 |
| Cost of unindexed credit for purposes of the Nonbank Loans Arrangement Law1 |
6.18 |
6.38 |
6.57 |
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| 2. Balances in the Unindexed Segment (NIS billion) |
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May 2008 |
June 2008 |
July 2008 |
August 2008 |
| Balance of credit to the public |
267.9 |
275.5 |
279.2 |
279.4 |
| Of which to business customers |
194.4 |
199.9 |
202.4 |
201.3 |
| Balance of deposits of the public |
345.4 |
345.6 |
349.1 |
348.5 |
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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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