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. However, after neutralizing a provision in the first quarter of 2018 for the investigation in the United States, net profit in the first quarter last year would have amounted to NIS 688 million.

The return on equity in the first quarter of 2011 was 8.97% at an annual rate, compared with 7.16% in the first quarter last year. However, in the first quarter last year, the Bank recorded provisions in respect of the American investigation, in the amount of NIS 60 million, which after neutralizing the Bank’s return on equity was 7.9%.

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