Daily Israel Report
11:50
Reported

News Brief

  5/15/2014, Iyar 15, 5774

Mizrahi-Tfahot Bank Charged 350 Million Shekels Last Quarter


The net profit of the Mizrahi-Tfahot Bank in the first quarter of the 2014 fiscal year amounted to 264 million shekels, as opposed to the parallel quarter last year where 280 million shekels were earned- a decrease of 5.7%.

The bank listed 1.15 billion shekels in profits from the last quarter, 350 million shekels of which were derived of bank charges.