Basel III Disclosure Requirements Concerning Composition of Capital

Israel Bank
Supervision and Regulation Policy Department
Fax: 03-5661110 :Tel: 03-5640520
P.O.B. 528, Tel-Aviv 61004
29th August 2013
Circular No. 2390 -06 -h

To:
Banking Institutions, Credit Card Companies

Subject:
Basel’s Disclosure Requirements Concerning Composition of Capital (Instructions for Public Reporting)

Introduction

On 16.12.2010, the Basel Committee on Banking Supervision published the "Basel III: A Global Regulatory Framework for More Resilient Banks and Banking Systems" (Circular No. 2386 - 06 – h published on 30.5.2013). The recommendations of Basel III were adopted in Israel.
In June 2012, the Basel Committee published the document "Composition of capital disclosure requirements" (hereinafter: the Document). Disclosure requirements under Basel III were presented within it.
Following consultation with the Committee, and as part of the adoption of Basel III in Israel, the Supervisor of Banks, together with the Business Banking Advisory Committee, has issued the following instructions for public reporting:

Amendments to Public Disclosure Instructions

As specified, the disclosure requirements under Pillar 3 of Basel II in Instruction 694A shall be updated.

Explanation of Instructions:

Within the framework of the Committee's document, the disclosure requirements concerning the composition of capital have been updated, as adopted in the "Banking Supervision Standard No. 202 on Capital Adequacy Measurement - Capital" (hereinafter: the Supervisory Capital).

The main disclosure requirements are:
a. Expansion of disclosure on the main characteristics of issued capital instruments. b. Update of disclosure on supervisory capital components.
c. Determination of a format for presenting the relationship between the published financial statements and the supervisory capital.
Additional clarifications regarding the disclosure requirements are provided in Annex B.

The transitional instructions have been updated in accordance with the Committee's publication, as specified in Instruction 202 on Banking Supervision.
The format for disclosing capital adequacy in annual and quarterly financial reports of banking institutions (Annex A) shall be updated, as specified in the instructions: 691G-11.1, 691F-21, 680-18, 669-42.
The instructions specified in this circular shall apply from 1 January 2014.
Disclosure in the annual report dated 31.12.2013:

8.1. Within the framework of the explanation of capital adequacy submitted by the supervised entities to the Supervisor of Banks in accordance with the Supervisor's instructions, disclosure regarding the expected impact of the adoption of Basel III regulations dated 31.12.2013 shall be provided. The following data, calculated as of 1.1.2014, shall be presented within this framework:

; Basel III:
8.1.1. Tier 1 own funds (after regulatory adjustments and deductions).
8.1.2. Total capital (after regulatory adjustments and deductions, including Tier 1 capital).
8.1.3. Total risk-weighted assets.
8.1.4. Tier 1 own funds to risk-weighted assets ratio.
8.1.5. Total capital to risk-weighted assets ratio.
8.1.6. Minimum Tier 1 own funds ratio required by the Supervisor of Banks.
8.1.7. Minimum total capital ratio required by the Supervisor of Banks.

The data presented shall be after the impact of the transitional instructions specified by the Supervisor of Banks.

8.2. The Board of Directors' report dated 31.12.2013 shall include a quantitative and qualitative reference regarding the expected impact of the adoption of Basel III regulations on the main risk-weighted assets.

Within the framework of the explanation of capital adequacy submitted by the supervised entities to the Supervisor of Banks in accordance with the Supervisor's instructions, disclosure regarding the supervised comparison figures for previous periods shall be added in 2014, in quarterly and annual reports prepared in accordance with Basel II instructions adopted by the Supervisor of Banks. As an example, disclosure for the first quarter shall be included in the reports prepared in accordance with Basel III instructions as of 1.1.2014, within the framework of the transitional instructions for the year 2014.
In the annual and quarterly reports for 2014, it is not required to provide the above-mentioned transitional disclosure figures for periods in 2013, regarding information required for the first time in accordance with this instruction.
Within the framework of the quarterly and annual reports starting from 1.1.2014 until 1.1.2018, the disclosure requirements subject to the changes stipulated in Instruction 299 (hereinafter: the Transitional Instructions) shall apply in accordance with this circular.
Banking institutions (Annex A) encountering difficulties in applying this circular should contact Mr. Eido Galil, Head of the Reporting Unit, for specific guidance.

Update of the File:

The following instructions update the pages of the file of instructions for Banking Supervision Standards (Annex B).

With respect,

David Zaken
Supervisor of Banks

Insert Page Remove Page
*(8/94) [7] 610-1 (8/94) [7] 610-1
(8/13) [3] 611-1 (10/11) [2] 611-1
(8/13) [16] 669-42 (4/11) [15] 669-42
*(5/06) [11] 669-43 (5/06) [11] 669-43
(8/13) [1] 674-1-20 -----
(8/13) [15] 680-18 (10/10) [14] 680-18
(8/13) [2] 681-1 (1/10) [1] 681-1
(8/13) [2] 691A1-1 (1/10) [1] 691A1-1
(8/13) [5] 691F-21 (4/11) [4] 691F-21
*(9/07)ׁ [2] 691F-22 (9/07)ׁ [2] 691F-22
*(3/08) [2] 691G-11 (3/08) [2] 691G-11
(8/13) [3] 691G-11.1 (10/10) [2] 691G-11.1
(8/13) [2] 691G1-1 (1/10) [1] 691G1-1
(8/13) [3] 694A-1-6 (10/09) [2] 694A-1-6
(8/13) [4] 694A-7 (3/10) [3] 694A-7
(8/13) [3] 694A-8-10 (10/09) [2] 694A-8-10
(8/13) [3] 694A-11-18 (3/11) [2] 694A-11-18
(8/13) [2] 694A-19-21 (3/11) [1] 694A-19-21
694A-22-39 -----(8/13) [1]
*(6/13) [1] 699-106 (6/13) [1] 699-106
(8/13) [1] 699-107 -----

Clarifications – Annex:

The following clarifications and explanations regarding issues raised during the adoption process of the disclosure requirements are provided:

Disclosure Framework:

A. Internet Site Information:

1.1. In a manner similar to the principle established in the existing public disclosure instructions, banking institutions may choose whether to include the required disclosures on the Internet site, subject to this, except for the following cases:

1.1.1. Full disclosure (full terms and conditions) on all terms and conditions.

1.1.2. Disclosure only within the framework of the Supervisor's capital instruments included in the banking institution's Internet site. In accordance with the principle established in these instructions, a reference to this information shall be included in the quarterly and annual reports.

1.1.3. Disclosure only within the framework of the banking institution's Internet site regarding the main characteristics of issued regulatory capital instruments. In accordance with the principle established in these instructions, a reference to this information shall be included in the quarterly and annual reports.

1.2. The information on the Internet site shall be concentrated in the chapter "Financial Information" containing two sub-chapters:

1.2.1. Quarterly and annual reports.

1.2.2. Additional supervisory disclosures.

1.2.2.1. Additional disclosures required under Pillar 3 of Basel (not included in the annual reports (quarterly reports).

1.2.2.2. Corporate Responsibility Report (banking institutions are required to publish a corporate responsibility report (as stated in these instructions).

Disclosure Requirements:

B. Disclosure Requirements on the Main Characteristics of Issued Regulatory Capital Instruments:

A banking institution is required to describe the main characteristics of any issued regulatory capital instrument.
The disclosure should be such that it can be monitored and controlled. The current status of issued regulatory capital instruments shall be updated on the website in a timely manner, so that the table remains updated after any event such as a change, deletion, conversion, redemption, or issuance of a capital instrument by the banking institution that materially alters the nature of an existing capital instrument.

B. Disclosure Requirements on the Composition of Regulatory Capital:

The disclosure structure is designed to present the composition of regulatory capital in accordance with Basel III instructions.
There are lines regarding which reporting is not relevant at this stage, and there is no need to report on these lines, taking into account the more conservative approach of the Supervisor of Banks who adopted more lines for this purpose.

(The lines required in accordance with the transitional format are):

5.1. Line 4 (without numbering) - Existing capital injections from the public sector until recognized as of 1.1.2018.

5.2. Line 7 - Stability assessments - 7.

5.3. Line 12 - Negative gap (shortfall) between provisions for expected losses - 12.

5.4. Line 78 - Provision for inclusion within Tier 2 according to the approach - 78.

5.5. Line 79 - Provision for inclusion within Tier 2 according to the internal ratings-based approach - 79.

Additionally, lines 64-68, which relate to these lines, are recorded as "Not Relevant" in the format. Furthermore, the requirement for capital instruments of banking institutions not adopted by the Supervisor of Banks according to the Banking Supervision Standard No. 202-211.

B. Disclosure Requirements for the Required Adjustments between Published Financial Statements and Supervisory Capital Components:

A banking institution is required to adopt a three-stage approach within the framework of the Committee's document to present the relationship between published financial statements and supervisory capital components.

Public Disclosure Instructions: Supervisor of Banks 611– 1 'Page Annual Information Publication on Internet

620-1 'Page - The Following Page
Annual Information Publication on Internet

Introduction:

A banking institution shall publish information available on its Internet site as specified in Section 3 below (1).
In addition to the requirements in Sections 1-2 and 3, this chapter (2) is required according to these instructions 610.

Publication Date:

The publication of the information specified in Sections 1-2 and 3 on the Internet site shall be published within seven days (2) of the publication of the public annual report specified in Section 3.
The same information shall be published on the Internet site.

A banking institution's Internet site shall include a chapter "Financial Information" containing two sub-chapters:

A. The following annual information shall be included in this sub-chapter "Quarterly and Annual Reports".

As required by these instructions 620, the annual report (1).
As required by Section 6 of chapter 620, the file sent to the Supervisor of Banks' Reporting Unit (2).

This file shall be published in the same format and format as reported. As required by the Supervisor of Banks' Reporting Unit.

B. The following annual information shall be included in this sub-chapter "Additional Supervisory Disclosures".

The chapter "Additional Disclosures under Pillar 3 of Basel" shall be included in this sub-chapter (1).
The chapter "Corporate Responsibility Report" shall be included in this sub-chapter (2).

This requirement shall be applied at the level of the highest banking group. As required by these instructions 625, for periods of up to two years.

Information Retention:

The information published on the Internet site shall be retained without time limitation.

Public Disclosure Instructions: Supervisor of Banks 669 -42 'Page Annual Financial Report

669-43 'Page - The Following Page
Explanation of Capital Adequacy according to the Supervisor of Banks' instructions

Calculated in accordance with the instructions for Banking Supervision Standard No. 201-211 on "Capital Adequacy Measurement - Capital".

Reported Amounts

A. Consolidated Data as of 31.12.20x-1 31.12.20x0

In millions of New Shekels

Capital for the purpose of calculating capital ratios

Own funds Tier 1 0 0 (after regulatory adjustments and deductions)

Additional Tier 1 capital 0 0 (after deductions)

Tier 2 capital 0 0 (after deductions)

Total capital 0 0

Risk-weighted assets

Credit risk 0 0

Market risks 0 0

Operational risk 0 0

Total risk-weighted assets 0 0

Capital to risk-weighted assets ratios

In percentages

Tier 1 own funds ratio 0% 0%

Total capital ratio 0% 0%

Minimum Tier 1 own funds ratio required by the Supervisor of Banks 0% 0%

Minimum total capital ratio required by the Supervisor of Banks 0% 0%

B. Significant Companies

XXXXX Company

Tier 1 own funds ratio 0% 0%

Total capital ratio 0% 0%

Minimum Tier 1 own funds ratio required by the Supervisor of Banks 0% 0%

Minimum total capital ratio required by the Supervisor of Banks 0% 0%

C. Capital Components for the Purpose of Calculating Capital Ratios (Consolidated Data as of 31.12.20x-1 31.12.20x0)

In millions of New Shekels

Tier 1 own funds

Own funds 0 0

Differences between Tier 1 own funds 1 0 (before regulatory adjustments and deductions, total Tier 1 own funds)

:Regulatory adjustments and deductions:

Intangible assets and goodwill 0 0

Deferred tax assets 0 0

Investments in non-financial entities not included in consolidated reports 0 0

Other regulatory adjustments and deductions for Tier 1 own funds 1 0 1 (Total Tier 1 own funds - other regulatory adjustments and deductions)

Total Tier 1 own funds (after regulatory adjustments and deductions) 0 0

Additional Tier 1 capital

Additional Tier 1 capital (before deductions, instruments) 0 0 1

Total Additional Tier 1 capital (after deductions) 1 0 (Total Additional Tier 1 capital (after deductions))

Tier 2 capital

Tier 2 capital (before deductions, instruments) 0 0

Tier 2 capital (before deductions, provisions for credit losses) 0 0

Total Tier 2 capital (before deductions) 0 0

:Deductions

Total Tier 2 capital (after deductions) 1 0 (Total Tier 2 capital)

Note: In accordance with the instructions for Banking Supervision Standard No. 202 on "Capital Adequacy Measurement - Capital" (Instruction 202 - 1. If the detail is material.

Public Disclosure Instructions: Supervisor of Banks 674 -1 'Page) 2014 (Transitional Instructions

2014 Transitional Instructions

Application of Instructions in Reports of Banking Institutions, Credit Card Companies (Annex A)

Disclosure requirements specified in Pillar 3 of Basel (pages 694A-1-39)

Required) Banking institutions - hereinafter (Annex A banking institutions, page 694A-6 'on the disclosure within the framework of capital .1:

As specified, starting from 1.1.2014, provide quarterly disclosure.

.(Section A, page 694A-6 'on the main characteristics of issued regulatory capital instruments .1.1

.(Section D, page 694A-6 'on the composition of supervisory capital .1.2

Banking institutions shall provide disclosure on the main characteristics in annual and quarterly reports for the years 2014-2018 .2

In accordance with the transitional instructions format, regarding the composition of supervisory capital and the main characteristics of issued regulatory capital instruments:

As specified, instead of the format specified in the instructions:

2.1. The main characteristics of issued regulatory capital instruments, including existing capital instruments.

.'A' in the table presented in Annex B, gradually and reduced in transitional periods

2.2. The composition of supervisory capital, including issued regulatory capital instruments, existing capital instruments, and total supervisory capital.

.'B' in the table presented in Annex B, clarified that there is no need to provide

.2013 disclosure of comparison figures for periods in the year

Public Disclosure Instructions: Supervisor of Banks 674 -2 'Page) 2014 (Transitional Instructions

Application of Instructions in Reports of Banking Institutions, Credit Card Companies - Annex A

Explanation of Capital Adequacy according to the Supervisor of Banks' instructions

Within the framework of the explanation of capital adequacy submitted by the supervised entities to the Supervisor of Banks in accordance with the Supervisor's instructions, disclosure regarding the supervised comparison figures for previous periods shall be added in 2014, in quarterly and annual reports prepared in accordance with Basel II instructions adopted by the Supervisor of Banks.

Additionally, disclosure regarding the impact of Basel III instructions on capital ratios shall be provided. Basel III instructions derived from the transition.

Banking institutions shall provide disclosure in annual and quarterly reports for the years 2014-2022 regarding the impact of transitional instructions on capital ratios according to the instructions for Banking Supervision Standard No. 202 on "Capital Adequacy Measurement - Capital".

Accordingly:

5.1. Disclosure in quarterly reports for the year 2014 shall be presented in accordance with the format in Annex 'C'.

5.2. Disclosure in annual reports from 2014 until 2022 shall be presented in accordance with the format in Annex 'D' (quarterly).

Public Disclosure Instructions: Supervisor of Banks 674 -3 'Page) 2014 (Transitional Instructions

Application of Instructions in Reports of Banking Institutions, Credit Card Companies - Annex A

Disclosure requirements specified in Pillar 3 of Basel

Banking institutions shall provide disclosure on the main characteristics of issued regulatory capital instruments, including existing capital instruments, gradually and reduced in transitional periods in accordance with the transitional instructions for Banking Supervision Standard No. 299.

The disclosure shall be provided in the table below, when the requirements added are easier, with the instructions specified highlighted in dark color.

:*Description of the main characteristics of issued regulatory capital instruments

As of xx.xx.20x0

Legal entity of the issuer

.(Example: unique characteristic number)

The legal framework applicable to the instrument / The framework

[The state laws applicable to the instrument]

Supervisory treatment

The tier to which the instrument belongs during the Basel III transitional period.

.Gradually

Choose from the options: Tier 1 own funds [,]Additional Tier 1 capital [,]Tier 2

.[2

The tier to which the instrument belongs in accordance with Basel III instructions, taking into account the transitional instructions.

Choose from the options: Tier 1 own funds [,]Additional Tier 1 capital [,]Tier 2

.[Not eligible [,]2

Whether the instrument is eligible as a component of supervisory capital on a solo basis for the banking group, or on a group basis.

.It is necessary to indicate that the component is eligible as a component of supervisory capital on a group basis

Instrument type

Choose from the options: Ordinary shares [,]Preferred shares [,]Debt instruments

Ordinary shares issued by a subsidiary of the banking institution [,]Debt instruments issued by a subsidiary of the banking institution [,']Third-party investors

Debt instruments issued by a subsidiary of the banking institution [,']Third-party investors

,[Receipts on accounts [,']Third-party investors

,[Other instruments [,]Receipts on options[

Amount recognized in supervisory capital in millions of New Shekels (most recent reporting date)

.(Millions of foreign currency)

Nominal value of the instrument
Accounting classification

Choose from the options: [Liability measured at amortized cost [,]Own funds [

[Liability measured at fair value [,]Equity interests that do not confer rights [

[Consolidated

Original issuance date
Perpetual or non-perpetual

Choose from the options: [Non-perpetual [,]Perpetual [

Original redemption date

If the instrument is non-perpetual, you must indicate the redemption date (year, month, day).

.Write "No redemption date" for perpetual instruments

Early redemption at the issuer's option, subject to the Supervisor's requirement

Choose from the options: [No [,]Yes [

Earliest date for exercising the early redemption option

The date of the contingent early redemption option exercise, the issuer

Specific amount

There are instruments regarding which there is an early redemption option

If there are events, you must indicate the earliest date for exercising the option (year, month, day)

Additionally, specify other supervisory events triggering the exercise of the option

.[Indicate the redemption price

Existence and frequency of later early redemption dates, if any

Dividends / Interest coupons

Variable or fixed dividend / interest coupon

Choose from the options: [Fixed and will become variable [,]Variable [,]Fixed [

[Variable and will become fixed in the future [,]In the future

Indexation rate of the interest coupon to a specific index (index)

Public Disclosure Instructions: Supervisor of Banks 674 -4 'Page) 2014 (Transitional Instructions

You must indicate the index to which the instrument's interest coupon rate is linked.

.The dividend / interest coupon

Existence of a dividend stopper condition (dividend stopper)

You must indicate whether the non-payment of the instrument's dividend or interest coupon triggers the non-payment of dividends to holders of ordinary shares.

.[No [,]Yes [

Discretionary or partial discretionary or full discretionary

If a banking institution has full discretion to cancel dividend / interest coupon payments,

Write "Full discretion" under any possible circumstance, including cases where a dividend stopper exists.

If the banking institution is not effectively prevented from canceling payments on certain conditions,

Write "Partial discretion" on the banking institution, for example: "Below a certain capital threshold."

."No discretion"

Choose from the options: [No discretion [,]Partial discretion [,]Full discretion [

.[Discretion

Existence of a step-up interest rate condition (step-up)

.[No [,]Yes [

Accumulating or non-accumulating instrument

.[Accumulating [,]Non-accumulating [

Convertible or non-convertible instrument

.[Non-convertible [,]Convertible [

Conversion trigger point(s), if convertible

You must indicate the conditions for converting the instrument, including the non-viability point (non-viability point).

You must record the ability of the authorities to trigger conversion (trigger conversion).

You must record whether there is a contractual condition regarding any authority to trigger conversion.

There is a legal basis providing sufficient authority to cause conversion (statutory basis source or contractual access (statutory access).

Whether conversion is full or partial, if convertible

Indicate for each separate trigger point whether the instrument is (a) always convertible, (b) fully convertible, or (c) partially convertible.

.Partially convertible

Conversion ratio, if convertible
Whether there is an obligation or option to convert, if convertible

.[Not relevant [,]Option [,]Obligation [

Tier of the instrument after conversion, if convertible

Choose from the options: Tier 1 own funds [,]Additional Tier 1 capital [,]Tier 2

[Other [,]2

Issuer of the converting instrument
Existence of a write-down (Write-down) characteristic

.[No [,]Yes [

Write-down trigger point(s), if there is a write-down characteristic

You must indicate the trigger point when the write-down occurs, including the non-existence point.

You must record the ability of the authorities to trigger write-down.

You must record whether there is a contractual condition regarding any authority to cause write-down.

There is a legal basis providing sufficient authority to cause write-down (statutory basis source or contractual access (statutory access).

Whether the write-down characteristic is full or partial

Indicate for each separate trigger point whether the instrument is (a) always written down, (b) fully written down, or (c) partially written down.

.Partially written down

Whether the write-down is temporary or permanent, if there is a write-down characteristic

.[Not relevant [,]Temporary [,]Permanent [

Describe the write-up (Write up) mechanism for temporary write-down characteristic
Position in subordination hierarchy in liquidation

Public Disclosure Instructions: Supervisor of Banks 674 -6 'Page) 2014 (Transitional Instructions

Immediately (senior to instrument)

You must indicate the type of the instrument immediately preceding this instrument.

You must indicate the instruments immediately preceding this instrument, if any.

Indicate by column numbers in their table.

Whether there are existing components responding only to the definition of regulatory capital due to transitional instructions (Non-compliant transitioned features).

.[No [,]Yes [

If yes, which components

.*If there are characteristics not relevant to the instrument, do not record them in the column of the relevant characteristic of the instrument

Public Disclosure Instructions: Supervisor of Banks 674 -7 'Page) 2014 (Transitional Instructions

Application of Instructions in Reports of Banking Institutions, Credit Card Companies - Annex B

Disclosure requirements specified in Pillar 3 of Basel

The disclosure on the composition of supervisory capital shall be prepared in the example specified below, based on the table in Annex.

:Except for the following changes, the instructions specified in page 694A-26 '2

7.1. Additional rows were added to indicate the amounts of capital instruments issued by the institution.

Eligible capital components for inclusion in supervisory capital during the transitional period in accordance with the transitional instructions, according to the instructions for Banking Supervision Standard No. 299 on "Capital Adequacy Measurement - Capital" (hereinafter: the Transitional Instructions in this Annex) rows 8-10.

For convenience, these rows are highlighted in dark background.

7.2. An additional column is required to report the balance of amounts not deducted from capital due to transitional instructions.

For convenience, this column is marked with a dot, subject to the treatment required under Basel III instructions before the adoption of Instruction 202.

7.3. Banking institutions are required to deduct from Tier 1 own funds in 2014, in accordance with Instruction 299:

Example:

Assuming the section on "Goodwill" stands at 100 million.

20% of Tier 1 own funds is 20 million New Shekels.

A banking institution is authorized to deduct 80 million New Shekels and the remainder.

Therefore, 20 million New Shekels shall be recorded within the framework of the adjustment.

80 million New Shekels, which were not deducted from capital, shall be recorded in the additional column.

7.4. The balance of amounts not deducted from capital, in accordance with the transitional instructions, is subject to treatment that existed before the adoption of the instructions.

Additional rows shall be added to the lines of regulatory adjustments in each tier, where such amounts existed before the adoption of Instruction 202.

Example:

Based on the previous example, 80 million New Shekels regarding goodwill, which were subject to treatment before the adoption of the instructions, are subject to treatment under Instruction 299.

Therefore, goodwill shall be deducted from Tier 1 own funds before the adoption of Instruction 202.

(In fact, within the framework of regulatory adjustments for Tier 1 capital (Additional Tier 1 capital), the line "Goodwill subject to treatment before the adoption of Instruction 202" shall be added.

.The amount to be recorded is 80 million New Shekels, "before the adoption of Instruction 202"

7.5. In cases where certain components are included within the framework of regulatory adjustments according to Instruction 202,

A banking institution is required to deduct this item from capital before the adoption of the instructions, subject to risk-weighted components.

The balance of amounts not deducted from capital, in accordance with the transitional instructions, is subject to treatment that existed before the adoption of the instructions.

Example:

Assuming the banking institution has an "Excess Provisions" standing at 100 million.

In accordance with Instruction 202, the banking institution is required to deduct them fully in 2014.

In accordance with Instruction 299, the banking institution is required to deduct 20 million New Shekels from Tier 1 own funds in 2014.

Therefore, 80 million New Shekels, which were not deducted from capital, shall be recorded within the framework of regulatory adjustments.

80 million New Shekels, which were not deducted from capital, shall be recorded in the column "Amounts not deducted from capital".

Additionally, since the balance of amounts not deducted from capital is subject to treatment before the adoption of Instruction 202,

The line "Risk-weighted assets" subject to treatment before the adoption of Instruction 202 shall be added.

The amount to be recorded is 100 million New Shekels, "before the adoption of Instruction 202".

(8/13) [1] Reporting Requirements for Banks by the Supervisor 674 -8 'p. 2014 (Transition Rules) "202 Provision Adoption Before Required Treatment: Weighted Total - Excess Provision = 100% * 80 million NIS = 80 million NIS before line 60. Add the line. 'NIS' million 80 of Total Weighted Risk Assets." Example: Assuming the banking institution has deferred tax differences totaling 100 million NIS: According to Provision 202, the banking institution is required to deduct them according to the deduction limit. Assuming the banking institution is required to deduct deferred tax differences totaling 60 million NIS, a banking institution required under the 2014 Provision to include 20% * 40 million NIS (8 million NIS to be deducted from Tier 1 Capital) before treatment, and the remainder of 32 million NIS under Provision 299. Therefore, 8 million NIS is recorded within the adjustments according to the 100% weighting rate. The amounts not deducted from capital are recorded within column "202 Provision Adoption Before Required Treatment" 32 million NIS -. Additionally, since the remaining amount not deducted is, the line is added, 202 Provision Adoption Before Required Treatment subject to Provision 202. Weighted Total - Risk Assets. " 60 million NIS is not required to be presented in the banking institution's disclosure, for the sake of clarity. Reference to the corresponding section of the Banking Supervision Order 202 was attached for convenience. This reference is not required for disclosure. It is clarified that disclosure is required, for the sake of clarity. The example illustrates the disclosure for the current period. Comparative numbers.

(8/13) [1] Reporting Requirements for Banks by the Supervisor 674 -9 'p. 2013 (Transition Rules) As of xx.xx.20x0, amounts in millions of New Shekels, and excess instruments: Tier 1 Capital Not Deducted From Capital Subject to Required Treatment Before Adoption Provision 202 According to Basel III Ordinary shares issued by the banking institution and premiums on ordinary shares 1 – 202 Banking Supervision Order corresponding to sections 4-4.a and 4-4.b. [Tier 1 Capital] . [Provision 202]

Retained earnings, including proposed or declared dividends 2 . [Provision 202]

Accumulated other comprehensive income including profits 3 . [Provision 202]

Instruments issued by the institution classified as Tier 1 Capital for regulatory capital purposes 4 . [Provision 202] . [Provision 299 Transition Rules]

Ordinary shares issued by the banking institution's subsidiaries until 1.1.2018, including consolidated minority interests (side c) 5 . [Provision 202]. [Section 4-4.e]

Summary (lines 1-5) (before regulatory adjustments and deductions) Tier 1 Capital 6 and deductions: Tier 1 Capital Stability Adjustments Valuation 7 "According to the 'Capital Measurement and Leverage Framework' sections 698-701 According to the 'Supervisory Guidance' document (within the following accounts) December 2008 Publication, "Banking Institutions' Assessment of Fair Value of Financial Instruments . [(Paragraph 10, especially (April 2009 Basel Committee

. [Provision 202]. [Section 4-5.a]

Relevant if deductible deferred taxes, goodwill 8 deductible deferred taxes, other intangible assets except mortgage servicing rights 9 . [Provision 202]. [Section 4-5.a]

(8/13) [1] Reporting Requirements for Banks by the Supervisor 674 -10 'p. 2014 (Transition Rules) Deferred taxes based on future profitability 10 can be realized Deferred taxes other than temporary differences arising from timing differences] 202 Provision. [Section 4-5.b] . [Provision 202] . [Section 13] [treatment is performed on them (temporary differences)]

The total amount of other comprehensive income not cash flow hedges 11 . [Provision 202]. [Section 4-5.d] [Presented at fair value in the balance sheet]

[Provision 202]. [Section 4-5.f]
[negative shortfall (shortfall)]
. [Provision 202]. [Section 4-5.e]
[Self-hedging arising from transactions]

Unrealized profits and losses resulting from changes in fair value of liabilities 12 . [Provision 202]. [Section 4-5.e] [Changes in fair value of recognized liabilities]

In addition, regarding changes in the banking institution's own credit risk 13 Accounting fair value adjustments are worse, derivatives liabilities .[Provision 202]. [Section 4-5.v]. [Bank's own credit risk (DVA)]

Excess provision for deductible deferred taxes if the asset 14 will become impaired upon settlement .[Provision 202]. [Section 4-5.g] [According to disclosure requirements for the public]

Investment in own ordinary shares held directly or indirectly 15 . [Provision 202]. [Section 4-5.h] [Subject to contractual agreements to acquire shares]

. [Section 4-5.t] Mutual cross-holdings of ordinary shares of financial institutions 16 . [Provision 202]

Investments in capital of non-financial institutions in consolidated public reports 17 The banking institution's holding does not exceed 10% of ordinary share capital 18 According to [Tier 1 Capital exceeding 10%] (issued by the financial institution) Basel III document for treatment: Global Regulatory Framework for Banking System Resilience . [Sections 80-83, Basel III document below) – December 2010, amended June 2011

Investments in capital of non-financial institutions in consolidated public reports 19 The banking institution's holding exceeds 10% of ordinary share capital 20 According to [issued by the financial institution] Basel III document for treatment .[Sections 84-89]

According to [Tier 1 Capital exceeding 10%] mortgage servicing rights 21 . [Section 87] Basel III document for treatment

Timing differences resulting in deferred tax assets exceeding 10% of Tier 1 Capital 22 .[Section 87] Basel III document for treatment

Mortgage servicing rights amount 23 total
Investments exceeding 10% of ordinary share capital issued by financial institutions 24 . [Section 88] Basel III document for treatment

From this: 25
Deferred tax assets resulting from timing differences The banking institution's Tier 1 Capital exceeds 15% of financial institutions . [Section 88] Basel III document for treatment

From this: 26
Investments exceeding 10% of ordinary share capital issued by financial institutions Include this section [net effect of non-investment ordinary shares deduction . [Basel III document for treatment against 202]

From this: 27
Include this section [net effect of mortgage servicing rights deduction . [Basel III document for treatment against 202]

Other regulatory adjustments to Tier 1 Capital not included in the framework: 28 . (If material, sections 26-a and 26-b)

Regulatory adjustments to Tier 1 Capital subject to 202 Provision Adoption Before Required Treatment According to Basel III

[Regulatory Adjustment Name:]

Since there is no Tier 2 Capital and Tier 1 Capital, deductions applied to Tier 1 Capital 29 . [Provision 202] [As stated in sections 9 and 12] [To cover deductions]

. (Summary lines 7-22, 26, 28) Total Tier 1 Capital and Regulatory Adjustments and Deductions 30 . (27)

(28 Line Amount minus 6 Line Amount) (Tier 1 Capital 31 and instruments: Additional Tier 1 Capital Instruments issued by the banking institution classified as Additional Tier 1 Capital 32 . [Provision 202]. [Sections 7-7.a and 7-7.b]

. [Provision 202]. [Section 7-7.c]

Classified as equity for disclosure purposes: 33 . [Provision 202]. [Section 7-7.d]

Classified as liability for disclosure purposes: 34 . [Provision 202]. [Section 7-7.e]

(8/13) [1] Reporting Requirements for Banks by the Supervisor 674 -12 'p. 2014 (Transition Rules) Instruments issued by the institution classified as Additional Tier 1 Capital for regulatory capital purposes 35 . [Provision 299 Transition Rules]

Instruments issued by the banking institution's subsidiaries, including consolidated minority interests (side c) 36 . [Provision 299] and [Provision 202]. [Section 7-7.g]

Instruments issued by the banking institution's subsidiaries: 37 Gradually reduced Tier 1 Capital, including consolidated minority interests . [Provision 299 Transition Rules] [Additional]

. (Summary lines 30, 33-34) (Before deductions) Additional Tier 1 Capital 38 and deductions: Additional Tier 1 Capital

Investment in own instruments included in Additional Tier 1 Capital, held directly or indirectly 39 . [Section 8-8.a] [Provision 202] [Including contractual agreements to acquire instruments]

. [Section 8-8.b] Mutual cross-holdings of instruments included in Additional Tier 1 Capital 40 . [Provision 202]

Investments in capital of non-financial institutions in consolidated public reports 41 The banking institution's holding does not exceed 10% of ordinary share capital 42 According to [issued by the financial institution] Basel III document for treatment . [Sections 80-83]

Investments in capital of non-financial institutions in consolidated public reports 43 The banking institution's holding exceeds 10% of ordinary share capital 44 . [Provision 202]. [Sections 6-6.b, 8-8.c, 8-8.d] [Issued by the financial institution]

Additional deductions determined by the Supervisor 45 Include this section [Investments in capital of financial institutions: 46 . [Basel III document for treatment against 202] Net effect of non-investment ordinary shares deduction

If not included in the framework [Additional deductions to Tier 1 Capital: 47 . (Material)

Additional deductions to Additional Tier 1 Capital subject to 202 Provision Adoption Before Required Treatment According to Basel III

[Regulatory Adjustment Name:]
... :

(8/13) [1] Reporting Requirements for Banks by the Supervisor 674 -13 'p. 2014 (Transition Rules) Since there is no Tier 2 Capital and Tier 1 Capital, deductions applied to Additional Tier 1 Capital 48 . (Section 12 of Provision 202) [To cover deductions]

. (Summary lines 37-41, 42) Total Additional Tier 1 Capital Deductions 49 . (43)

(44 Line Amount minus 36 Line Amount) (Additional Tier 1 Capital 50 . (44)

(Summary lines 29 and 44) Calculated by (Tier 1 Capital and Additional Tier 1 Capital (Total Tier 1 Capital 51 and instruments: Tier 2 Capital

Instruments issued by the banking institution not included in Tier 1 Capital (premiums) 52 . [Provision 202]. [Sections 10-10.a and 10-10.b] [These instruments]

Instruments issued by the institution classified as Tier 2 Capital for regulatory capital purposes 53 . [Provision 299 Transition Rules]

Instruments issued by the banking institution's subsidiaries, including consolidated minority interests (side c) 54 . [Provision 299] and [Provision 202]. [Section 10-10.g]

Instruments issued by the banking institution's subsidiaries: 55 Gradually reduced Tier 2 Capital, including consolidated minority interests . [Provision 299 Transition Rules]

. [Section 10-10.d] Group tax provisions related to credit losses 56 [Provision 202]

. (Summary lines 46-48, 50) (Before deductions) Tier 2 Capital 57 and deductions: Tier 2 Capital

Investment in own instruments included in Tier 2 Capital, held directly or indirectly 58 . [Provision 202]. [Section 11-11.a] [Including contractual agreements to acquire instruments]

Mutual cross-holdings of Tier 2 Capital instruments in financial institutions 59 . [Provision 202]. [Section 11-11.b]

Investments in capital of non-financial institutions in consolidated public reports 60 The banking institution's holding does not exceed 10% of ordinary share capital 61 According to [issued by the financial institution] Basel III document for treatment (Global Regulatory Framework for Banking System Resilience) (December 2010, amended June 2011) . [Sections 80-83, Basel III document below]

Investments in capital of non-financial institutions in consolidated public reports 62 The banking institution's holding exceeds 10% of ordinary share capital 63 . [Provision 202]. [Sections 6-6.b, 11-11.c, 11-11.d] [Issued by the financial institution]

(8/13) [1] Reporting Requirements for Banks by the Supervisor 674 -14 'p. 2014 (Transition Rules) Additional deductions determined by the Supervisor 64 Include this section [Investments in capital of financial institutions: 65 . [Basel III document for treatment against 202] Net effect of non-investment ordinary shares deduction

If not included in the framework [Additional deductions to Tier 2 Capital: 66 . (Material)

Regulatory adjustments to Tier 2 Capital subject to 202 Provision Adoption Before Required Treatment According to Basel III

[Regulatory Adjustment Name:]
... :
. (Summary lines 52-56) Total Tier 2 Capital Regulatory Adjustments 67 . (57)

(58 Line Amount minus 51 Line Amount) Calculated (Tier 2 Capital 68 . (58)

(Summary lines 45 and 58) Calculated (Tier 2 Capital and Tier 1 Capital (Total Capital 69 Total Weighted Risk Assets Subject to 202 Provision Adoption Before Required Treatment According to Basel III

[Risk Asset Name:]
... :
. Total Weighted Risk Assets 70
Capital Conservation and Leverage Ratios
(Tier 1 Capital as a percentage of Weighted Risk Assets) 71 (Tier 1 Capital as a percentage of Weighted Risk Assets) 72 (Total Capital as a percentage of Weighted Risk Assets) 73 Not Relevant 74 Not Relevant 75 Not Relevant 76 Not Relevant 77 Not Relevant 78 Minimum Requirements Determined by the Supervisor

(8/13) [1] Reporting Requirements for Banks by the Supervisor 674 -15 'p. 2014 (Transition Rules) Minimum Tier 1 Capital Ratio Determined by the Supervisor 79 Minimum Tier 1 Capital Ratio Determined by the Supervisor 80 . Minimum Total Capital Ratio Determined by the Supervisor 81 (Amounts below the deduction threshold) (Excluding banking institutions and their subsidiaries (investments in capital of financial institutions) 82 and issued by the financial institution ordinary shares exceeding 10% of capital . (Not reported in lines 54, 39, 18) (Below deduction threshold)

Investments in Tier 1 Capital of banking institutions and their subsidiaries (excluding financial institutions) 83 , issued by the financial institution ordinary shares exceeding 10% of capital, (their subsidiaries) . (Not reported in lines 23, 19) (Below deduction threshold)

(Not reported in lines 24, 20) Mortgage servicing rights (deductible deferred taxes) 84 (Not reported in lines 25, 21) Deferred tax assets resulting from timing differences 85 . (Below deduction threshold)

Inclusion Limit for Tier 2 Capital Provisions
Eligible Tier 2 Capital Provision under Standardized Approach 86 . [Provision 202] [Section 10-10.d.1] Before applying the limit, Standardized Approach

Inclusion Limit for Tier 2 Capital Provision under Standardized Approach 87 . [Provision 202] [Section 10-10.d.1]

Eligible Tier 2 Capital Provision under Internal Ratings-Based Approach 88 . [Provision 202] [Section 10-10.d.2] Before applying the limit, Internal Ratings-Based Approach

Inclusion Limit for Tier 2 Capital Provision under Internal Ratings-Based Approach 89 [Provision 202] [Section 10-10.d.2]

Present the data (Instruments not eligible for regulatory capital subject to Transition Rules) (1.1.2022 – 1.1.2014)

Current limit amount for instruments included in Tier 1 Capital subject to Transition Rules 90 . [Provision 299 Transition Rules]

Amount of Tier 1 Capital deducted due to limit 91

Current limit amount for instruments included in Additional Tier 1 Capital subject to Transition Rules 92 . [Provision 299 Transition Rules]

Amount of Additional Tier 1 Capital deducted due to limit 93

(8/13) [1] Reporting Requirements for Banks by the Supervisor 674 -16 'p. 2014 (Transition Rules) Current limit amount for instruments included in Tier 2 Capital subject to Transition Rules 94 . [Provision 299 Transition Rules]

Amount of Tier 2 Capital deducted due to limit 95

(8/13) [1] Reporting Requirements for Banks by the Supervisor 674 -17 'p. 2014 (Transition Rules)
Appendix G
Capital Adequacy - 3 Explanation - Quarterly Financial Report According to Reporting Requirements for Banks by the Supervisor Reported Amounts
31.3.2013 31.12.2013 1.1.2014 31.3.2014 Consolidated Data .a
(Basel II) * (Basel III (
(Unaudited) (Audited) (Audited) (Unaudited)
Millions of New Shekels Capital Calculation for Purposes .1

- 0 0 Tier 1 Capital 0 Tier 1 Capital
  0 0 Tier 2 Capital 0 - - Tier 3 Capital
  0 Total Capital as "Total"
  Weighted Balances of Risk Assets .2
  0 Credit Risk 0 Market Risk
  0 Operational Risk
  0 Total Weighted Balances of Risk Assets
  Capital Components Ratios as Percentages .3
- 0% 0% Tier 1 Capital Components Ratio
  0% 0% 0% 0% Tier 1 Capital Components Ratio 0% 0% 0% 0% Total Capital Components Ratio Minimum Tier 1 Capital Ratio Required by the Supervisor
- 0% 0%
  Minimum Total Capital Ratio Required by the Supervisor 0% 0% 0% 0% Significant Subsidiaries .b XXXXXX Company - - 0% 0% Tier 1 Capital Components Ratio 0% 0% 0% 0% Tier 1 Capital Components Ratio 0% 0% 0% 0% Total Capital Components Ratio Minimum Tier 1 Capital Ratio Required by the Supervisor
- 0% 0%
  Minimum Total Capital Ratio Required by the Supervisor 0% 0% 0% 0% Capital Components for Capital Calculation Purposes .c (Consolidated Tier 1 Capital .1 0 Tier 1 Capital Difference between Tier 1 Capital and Tier 1 Capital 1 0 Total Tier 1 Capital before regulatory adjustments and deductions and deductions 0 :Regulatory Adjustments and Deductions - - 0 0 Intangible Assets and Goodwill
- 0 0 Deferred Tax Assets
  Non-financial Institutions' Capital Investments In Consolidated Public Reports - - 0 0 Tier 1 Capital - Other Regulatory Adjustments and Deductions 1 - - 0 Tier 1 Capital – Total Regulatory Adjustments and Deductions Total Tier 1 Capital after regulatory adjustments and deductions and deductions 0 Tier 2 Capital .2 0 Before Deductions, Instruments: Tier 2 Capital 0 Before Deductions, Provisions: Tier 2 Capital 0 Before Deductions, Total Tier 2 Capital: Deductions Total Tier 2 Capital – Deductions 1 0 Total Tier 2 Capital .
  1.1.2014 From the date of application, "Capital Measurement" Order 299, 201-211 Banking Supervision Orders Calculated*
  .
  1.1.2014 Until the date of application, "Capital Measurement" Order 201-211 Banking Supervision Orders Calculated
  and Leverage Measurement" Order 202 Banking Supervision Order - Regulatory Adjustments and Deductions: Calculation for Basel III Purposes . [Provision 299 Transition Rules] Regulatory Adjustments and Deductions Presented Risk Assets. "Regulatory Capital – Capital 1. If material

(8/13) [1] Reporting Requirements for Banks by the Supervisor 674 -18 'p. 2014 (Transition Rules)

1.1.2014 31.3.2014 Tier 1 Capital Ratio Transition Rules Effect .d
(Audited) (Unaudited)
Millions of New Shekels
Capital Components Ratio
As Percentages
Before Application of Transition Rules Effect Tier 1 Capital Components Ratio . 299 0% 0% 0% 0% Transition Rules Effect After Application of Transition Rules Effect Tier 1 Capital Components Ratio . 299 0% 0%

(8/13) [1] Reporting Requirements for Banks by the Supervisor 674 -19 'p. 2014 (Transition Rules)
Appendix D
Capital Adequacy - Annual Financial Report. "Capital Measurement" Order 299, 201-211 Banking Supervision Orders Calculated According to Reporting Requirements for Banks by the Supervisor Reported Amounts 31.12.20x-1 31.12.20x0 Consolidated Data .a Millions of New Shekels Capital Calculation for Purposes .1 0 0 Total Tier 1 Capital after regulatory adjustments and deductions 0 0 Total Additional Tier 1 Capital after deductions 0 0 Total Tier 2 Capital after deductions 0 0 Total Capital as "Total" Weighted Balances of Risk Assets .2 0 0 Credit Risk 0 0 Market Risk 0 0 Operational Risk 0 0 Total Weighted Balances of Risk Assets Capital Components Ratios .3 As Percentages 0% 0% Tier 1 Capital Components Ratio 0% 0% Total Capital Components Ratio 0% 0% Minimum Tier 1 Capital Ratio Required by the Supervisor 0% 0% Minimum Total Capital Ratio Required by the Supervisor Significant Subsidiaries .b XXXXXX Company 0% 0% Tier 1 Capital Components Ratio 0% 0% Total Capital Components Ratio 0% 0% Minimum Tier 1 Capital Ratio Required by the Supervisor 0% 0% Minimum Total Capital Ratio Required by the Supervisor 1 31.12.20x-1 31.12.20x0 (Consolidated Data) Capital Components for Capital Calculation Purposes .c Millions of New Shekels Tier 1 Capital .1 0 0 Tier 1 Capital Difference between Tier 1 Capital and Tier 1 Capital 1 0 Total Tier 1 Capital before regulatory adjustments and deductions: Regulatory Adjustments and Deductions 0 0 Intangible Assets and Goodwill 0 0 Deferred Tax Assets 0 0 Non-financial Institutions' Capital Investments In Consolidated Public Reports Tier 1 Capital - Other Regulatory Adjustments and Deductions 1 0 Tier 1 Capital – Total Regulatory Adjustments and Deductions Total Tier 1 Capital after regulatory adjustments and deductions and deductions 0 0 Additional Tier 1 Capital .2 Before Deductions, and Excess Instruments: Additional Tier 1 Capital 1 0 0 Additional Tier 1 Capital – Total Deductions 1 0 Total Additional Tier 1 Capital after deductions Tier 2 Capital .3 0 0 Before Deductions, Instruments: Tier 2 Capital 0 0 Before Deductions, Provisions: Tier 2 Capital 0 0 Before Deductions, Total Tier 2 Capital : Deductions Total Tier 2 Capital – Deductions 1 0 Total Tier 2 Capital – Below" (Regulatory Capital – Capital and Leverage Measurement" Order 202 Banking Supervision Order - Regulatory Adjustments and Deductions: Note . [Provision 299 Transition Rules] Regulatory Adjustments and Deductions Presented Risk Assets. (Provision 202) 1. If material

(8/13) [1] Reporting Requirements for Banks by the Supervisor 674 -20 'p. 2014 (Transition Rules)

31.12.20x-1 31.12.20x0 Tier 1 Capital Ratio Transition Rules Effect .d Millions of New Shekels Capital Components Ratio .1 As Percentages Before Application of Transition Rules Effect Tier 1 Capital Components Ratio . 299 Order 0% 0% 0% 0% Transition Rules Effect After Application of Transition Rules Effect Tier 1 Capital Components Ratio . 299 Order 0% 0%

Capital Adequacy - Quarterly Financial Report. "Capital Measurement" Order 299, 201-211 Banking Supervision Orders Calculated According to Reporting Requirements for Banks by the Supervisor Reported Amounts 31.12.20x-1 30.6.20x-1 30.6.20x0 Consolidated Data .a Audited Unaudited Millions of New Shekels Capital Calculation for Purposes .1 0 Total Tier 1 Capital after regulatory adjustments and deductions 0 0 Total Additional Tier 1 Capital after deductions 0 Total Tier 2 Capital after deductions 0 Total Capital as "Total" Weighted Balances of Risk Assets .2 0 Credit Risk 0 Market Risk 0 Operational Risk 0 Total Weighted Balances of Risk Assets Capital Components Ratios .3 As Percentages 0% 0% 0% Tier 1 Capital Components Ratio 0% 0% 0% Total Capital Components Ratio 0% 0% 0% Minimum Tier 1 Capital Ratio Required by the Supervisor 0% 0% 0% Minimum Total Capital Ratio Required by the Supervisor Significant Subsidiaries .b XXXXX Company 0% 0% 0% Tier 1 Capital Components Ratio 0% 0% 0% Total Capital Components Ratio 0% 0% 0% Minimum Tier 1 Capital Ratio Required by the Supervisor 0% 0% 0% Minimum Total Capital Ratio Required by the Supervisor

31.12.20x-1 30.6.20x-1 30.6.20X0 Tier 1 Capital Ratio Transition Rules Effect .c Millions of New Shekels Capital Components Ratio) (Unaudited) (Audited ( As Percentages Before Application of Transition Rules Effect Tier 1 Capital Components Ratio . 299 Order Transition 0% 0% 0% 0% 0% 0% Transition Rules Effect After Application of Transition Rules Effect Tier 1 Capital Components Ratio . 299 Order Transition 0% 0% 0%

(8/13) [15] Reporting Requirements for Banks by the Supervisor 680 -18 'p. Banking Institution's Quarterly Report

Capital Adequacy - 3 Explanation. "Capital Measurement" Order 201-211 Banking Supervision Orders Calculated According to Reporting Requirements for Banks by the Supervisor

Reported Amounts

1
31.12.20x-1 30.6.20x-1 30.6.20x0 Consolidated Data .a Audited Unaudited Millions of New Shekels Capital Calculation for Purposes .1 0 Total Tier 1 Capital after regulatory adjustments and deductions 0 Total Additional Tier 1 Capital after deductions 0 Total Tier 2 Capital after deductions 0 Total Capital as "Total" Weighted Balances of Risk Assets .2 0 Credit Risk 0 Market Risk 0 Operational Risk 0 Total Weighted Balances of Risk Assets Capital Components Ratios .3 As Percentages 0% 0% 0% Tier 1 Capital Components Ratio 0% 0% 0% Total Capital Components Ratio 0% 0% 0% Minimum Tier 1 Capital Ratio Required by the Supervisor 0% 0% 0% Minimum Total Capital Ratio Required by the Supervisor Significant Subsidiaries .b XXXXXX Company 0% 0% 0% Tier 1 Capital Components Ratio 0% 0% 0% Total Capital Components Ratio 0% 0% 0% Minimum Tier 1 Capital Ratio Required by the Supervisor 0% 0% 0% Minimum Total Capital Ratio Required by the Supervisor

(8/13) [2] Reporting Requirements for Banks by the Supervisor 681– 1 'p. Quarterly Internet Information Publication 690-1 'p. – Next Page

Quarterly Internet Information Publication

Introduction .1
. Information available on its website shall be published by a banking institution .a . These are the requirements of Chapter 3 of Order 680 .b

Publication Date .2
. Quarterly Report publication shall be on the website Internet Information Publication

Publish the same information on the website .3 Information shall include" Quarterly and Annual Reports – Financial Information "Chapter .a :Next Quarterly . These are the requirements of Chapter 680 (Quarterly Report) 1
Chapter . 13 Section [Sent to the Information Unit for Supervision and Reporting by Banks] 2
As per, format and same format same file. These are the requirements of Chapter 680 . Information Unit for Supervision and Reporting by Banks Additional Disclosure – Additional Regulatory Disclosures – Financial Information "Chapter .b . Section 9 of Order 694A-2 The Quarterly Information shall include" Basel Pillar 3 :Information Retention .4 . Information published on the website shall be stored without time limit

(8/13) [2] Reporting Requirements for Banks by the Supervisor 691A1– 1 'p. Annual Internet Information Publication -a"ch - Hour Order 691B-1 'p. – Next Page

Annual Internet Information Publication

Introduction .1
. Information available on its website shall be published by a credit card company .a . These are the requirements of Chapter 3 of Order 691A .b

Publication Date .2
. Annual Report publication shall be on the website Internet Information Publication

Publish the same information on the website .3 Two chapters shall be included in its "Financial Information" chapter :Sub-chapters :Next Annual Information shall be included in this sub-chapter" – Quarterly and Annual Reports .a . These are the requirements of Chapter 691A (Annual Report) 1 Same format and same format same file. [Sent to the Information Unit for Supervision and Reporting by Banks] 2 As per, format and same format same file . Banks Additional Disclosure "Chapter shall be included in this sub-chapter" – Additional Regulatory Disclosures .b
Section 9 of Order 694A-2
The Annual Information shall include" Basel Pillar 3 . 694A-2 Page

:Information Retention .4
. Information published on the website shall be stored without time limit

(8/13) [5] Reporting Requirements for Banks by the Supervisor 691F – 21 'p. Annual Financial Report -a"ch - Hour Order

691F-22 'p. - Next Page

Tier 1 Capital - 15 Explanation: Composition .a. Disclosure Requirements Regarding Capital Section 43 (Determination by the Supervisor) 1) [Reporting Requirements for Banks by the Supervisor Capital Adequacy .b . "Capital Measurement" Order 201-211 Banking Supervision Orders Calculated) 1( Reported Amounts 1

31.12.20x-1 31.12.20x0 Consolidated data. Millions of New Shekels

Calculation of Capital Ratios for Purposes of Capital .1

Tier 1 Core Capital after supervisory adjustments 0 0 Tier 1 Additional Capital after deductions 0 0 Tier 2 Capital after deductions 0 0 Total Capital 0 0

Risk-Weighted Assets .2

Credit Risk 0 0
Market Risk 0 0
Operational Risk 0 0
Total Risk-Weighted Assets 0 0

Capital Ratios by Capital Component .3
In percentages

Tier 1 Core Capital Ratio to Risk-Weighted Assets 0% 0% Total Capital Ratio to Risk-Weighted Assets 0% 0% Minimum Required Tier 1 Core Capital Ratio by the Supervisor for Banks 0% 0% Minimum Required Total Capital Ratio by the Supervisor for Banks 0% 0%

Significant Companies .b
XXXXX Company

31.12.20x-1 31.12.20x0 Consolidated data. Calculation of Capital Components for Purposes of Capital .c Millions of New Shekels

Tier 1 Core Capital .1

Core Capital 0 0
Differences between Tier 1 Core Capital and Core Capital 1 0 Tier 1 Core Capital before supervisory adjustments and deductions 0 0 :Supervisory adjustments and deductions Intangible assets and goodwill 0 0 Deferred taxes receivable 0 0 Investments in non-financial entities in consolidated statements 0 0 Other Tier 1 Core Capital supervisory adjustments and deductions 1 0 Total Tier 1 Core Capital before supervisory adjustments and deductions 1 0 Total Tier 1 Core Capital after supervisory adjustments and deductions 0 0

Tier 1 Additional Capital .2

Tier 1 Additional Capital instruments before deductions and excess 1 0 0 Total Tier 1 Additional Capital before deductions 1 0 0 Total Tier 1 Additional Capital after deductions 1 0

Tier 2 Capital .3

Tier 2 Capital instruments before deductions 0 0 Tier 2 Capital provisions before deductions 0 0 Total Tier 2 Capital before deductions 0 0 :Deductions Total Tier 2 Capital after deductions 1 0 Total Tier 2 Capital 0 0

*Note 1: In accordance with the Banking Supervision Order No. 202 "On the Measurement of Capital and Prudentiality" - "Supervisory Capital".

(8/13) [2] Instructions for Public Reporting by the Supervisor for Banks 691G1– 1 'Am - Chapter 1' - Quarterly Information Publication - Internet Website Instructions 692-3 'Am - Page 3

Quarterly Information Publication

Introduction .1

Credit card companies shall publish information available on their Internet website as stated in Section 3 below .a .These are the instructions

In addition to the requirements of Section 2, this chapter is required according to this .b
Chapter 691G

Publication Date .2

The publication of information on the Internet website shall be at the time of publication of the quarterly report.

The same information shall be published on the Internet website .3

The quarterly information shall include, within the framework of the chapter "Financial Information – Quarterly and Annual Reports" .a :The following

As required in Chapter 691G, a quarterly report) shall be published in the same file.
The file sent to the Information Unit for Reporting and Supervision by Banks) shall be in the same format and manner as the information reported by the Information Unit for Reporting and Supervision by Banks.

Additional disclosures – Additional supervisory disclosures – Financial Information, within the framework of the chapter "On Basel 3" .b

The quarterly information shall include, in accordance with Section 9 of Chapter 694A-3

Information Retention .4

The information published on the Internet website shall be retained without time limitation.

(8/13) [3] Instructions for Public Reporting by the Supervisor for Banks 691G – 11.1 'Am - Quarterly Financial Report - Chapter 1' - Page 11

Capital Prudence - 3 Explanation according to the instructions of the Supervisor for Banks

The reported amounts are calculated in accordance with the Banking Supervision Order No. 201-211 "On the Measurement of Capital and Prudentiality".

31.12.20x-1 30.6.20x-1 30.6.20x0 Consolidated data .a Audited Unaudited Millions of New Shekels

Calculation of Capital Ratios for Purposes of Capital .1

Tier 1 Core Capital after supervisory adjustments 0 Tier 1 Additional Capital after deductions 0 0 Tier 2 Capital after deductions 0 Total Capital 0

Risk-Weighted Assets .2

Credit Risk 0
Market Risk 0
Operational Risk 0
Total Risk-Weighted Assets 0

Capital Ratios by Capital Component .3
In percentages

Tier 1 Core Capital Ratio to Risk-Weighted Assets 0% 0% 0% Total Capital Ratio to Risk-Weighted Assets 0% 0% 0% Minimum Required Tier 1 Core Capital Ratio by the Supervisor for Banks 0% 0% 0% Minimum Required Total Capital Ratio by the Supervisor for Banks 0% 0% 0%

Significant Companies .b
XXXXX Company 0% 0% 0% Tier 1 Core Capital Ratio to Risk-Weighted Assets 0% 0% 0% Total Capital Ratio to Risk-Weighted Assets 0% 0% 0% Minimum Required Tier 1 Core Capital Ratio by the Supervisor for Banks 0% 0% 0% Minimum Required Total Capital Ratio by the Supervisor for Banks

(8/13) [3] Instructions for Public Reporting by the Supervisor for Banks Implementation of Basel 3 Disclosure Requirements - Banking Supervision Order No. 694A –1 'Am

Implementation of Basel 3 Disclosure Requirements for Banking Entities in Reports - Instructions Disclosure requirements specified in Basel 3 Part 3

General

The Banking Supervision Order "On the Measurement of Capital and Prudentiality" was published on 31.12.08 by the Supervisor for Banks .1 Simultaneously, the Banking Supervision Order "On the Measurement of Capital and Prudentiality" (hereinafter: "The Work Framework") was published on 31.12.08. ("On Quarterly Reporting of Capital and Prudentiality" - hereinafter: "The Reporting Order").

Basel III: New Work Framework

The Basel Committee published a new work framework on 16.12.2010 .2 Circular No. 2386 - 06 – Ch. 0 was published on 30.5.2013 "Global Framework for Strengthening the Resilience of the Banking System". (Basel III recommendations were adopted in Israel - hereinafter: "Basel III Instructions").

In accordance with the document published, and in accordance with the requirements of Part 3 of the Work Framework of Basel III .3 The Basel Committee published a document in June 2012, "Disclosure Requirements on the Composition of Capital" (hereinafter: "The Committee Document"). According to the instructions, banking entities and credit card companies shall include in their public reports the information required. This instruction applies to banking entities, as well as to credit card companies. The disclosure requirements are intended to enable users of public reports to assess significant information regarding the implementation of the Work Framework. Significant information regarding capital, risk, and risk assessment processes, as well as risk management processes involving internal reporting systems and improvements by management, are included. The Supervisor for Banks strongly encourages (strongly encourage) banking entities to periodically review the disclosures to identify any significant exposures to risks, such as balance sheet and off-balance sheet items, cash flows, operational results, and financial position, and their impact on profits and losses of the banking entity. The disclosure requirements are intended to improve public disclosures, communication with market participants and other shareholders, and risk management processes involving internal reporting systems and improvements by management. This instruction does not include a general reference to the disclosure requirements included in the Work Framework only for banking entities implementing advanced approaches for measuring required capital. As stated, the relevant disclosure requirements for implementing these approaches will be applied.

Basel Committee on Banking Supervision, Composition of capital disclosure requirements, June 2012

(8/13) [3] Instructions for Public Reporting by the Supervisor for Banks Implementation of Basel 3 Disclosure Requirements - Banking Supervision Order No. 694A –2 'Am

The information required by this instruction shall be included in the relevant parts of the relevant quarterly or annual report .6 Other parts, according to the instructions of the Supervisor for Banks, shall be published by the banking entity. According to the Reporting and Supervision Instructions or generally accepted accounting principles in Israel, public reporting instructions. To facilitate this instruction, certain existing reporting requirements may be relaxed. Quantitative disclosure requirements are included alongside the application of this instruction. Specific disclosures pointing to existing instructions may be based on them. A banking entity may rely on existing information to comply with the disclosure requirements of this instruction. As long as it considers whether additional information disclosure is required to comply with the disclosure requirements of this instruction.

A banking entity may include information required by this instruction by way of reference to published information .7 The banking entity shall activate the following conditions if a separate public report is published:

A banking entity shall publish a public report (quarterly or annual) within the framework of the reporting period .8 A summary table indicating clearly where all the required information can be found, such as numerical pages of the annual report, numerical pages of financial statement notes in the financial report, or numerical pages of a separate public report published electronically or on the bank's website, along with the relevant Internet address where the reporting can be found.

Conditions for including information required by this instruction by way of reference .9

A banking entity may include information required by this instruction by way of reference to published information if all the following conditions are met:

9.1. The separate report was published at the time the quarterly or annual public report was published.
9.2. The exact address linking to the public report is indicated within the bank's website.
And in the bank's quarterly and annual public reports, the separate report is located.
It is clarified that in any case, all terms and conditions (full terms and conditions) and disclosures regarding the main characteristics of the instruments (Chapter 694A-6 'Am) included in the supervisory capital of the banking entity shall be included on the bank's website (Chapter 694A-22 'Am) of the issued supervisory capital. Additional supervisory disclosures – Financial Information, within the framework of the chapter "On Basel 3 Disclosure Requirements".

In addition to the above, if a banking entity required by the Securities Law publishes a separate report (also a separate electronic report as defined in this Securities Law), it shall publish a separate public report. The wording of the note shall correspond to the separate report published by the banking entity.

(8/13) [3] Instructions for Public Reporting by the Supervisor for Banks Implementation of Basel 3 Disclosure Requirements - Banking Supervision Order No. 694A –3 'Am

Unless otherwise specified, quantitative data related to balance sheet items shall be given at the end of the reporting period .10 Quantitative data related to income statement items shall be given for the reporting period, as per the instruction. Quantitative data related to income statement items shall be given for the periods specified in the section, for a quarterly report. According to the public reporting instructions, Section 680-4, Page 7.

Unless otherwise specified, any quantitative data disclosed as a result of the requirements of this instruction .11 Comparative data for periods corresponding to the previous reporting year shall be presented, according to the instruction. The disclosure requirements of this instruction shall apply on a consolidated basis .12

Part 3 – Market Discipline – Relevant Parts *

General Considerations .I

Sections D – A are not included.

Materiality

A banking entity must decide which disclosure requirements are relevant based on the principle of materiality .817 In any case, full disclosure of details included in the tables "Description of the main characteristics of issued supervisory capital instruments" and "Adjustments required between the balance sheet and disclosed financial statements" regarding the composition of supervisory capital shall be given.

Frequency .v 175, 174

Disclosures under the quantitative disclosure requirements of this instruction may be given on a quarterly basis .818 Annual qualitative disclosures providing a summary of risk management and policy objectives are published. However, definitions and reporting systems of the banking entity's risks may undergo significant changes (significant change) in cases where the reported amounts may not adequately reflect the banking entity's risk profile and capital adequacy. As stated, the bank must disclose the general nature of these changes and briefly describe how they are expected to affect the earliest possible disclosure (as soon as practicable) after a significant event occurs.

*Note: The numbering of sections included in this instruction, including marginal notes corresponding to Part 3 of the Work Framework, does not include all sections specified in this instruction.
174. Not included
175. Not included

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Confidential and Proprietary Information .z

The disclosure requirements of this instruction create a balance between the need for significant disclosure and protection .819 Confidential and proprietary information (including, for example, information about systems or products) may be withheld if a banking entity's competitors could undermine its competitive status by affecting the value of its investments in these systems/products. Confidential information about customers is sometimes proprietary and therefore its disclosure may undermine its competitive status. Disclosure of proprietary information (rare) is required only in cases of relations with counterparties or legal agreements. Disclosing certain information required by this instruction may cause the banking entity to disclose financial or commercial information that is proprietary and proprietary. In these rare cases, the banking entity believes that disclosure may seriously (seriously) prejudice (prejudice) a certain situation. The banking entity is not required to disclose information that becomes proprietary or proprietary in nature. However, it is required to disclose more general information regarding the subject of the disclosure requirement, limited only to the fact that disclosure of specific items of information is not possible. Only information subject to this instruction, not referring to disclosures required by other parts, is subject to generally accepted accounting principles in Israel or public reporting instructions.

Disclosure Requirements II

The following sections determine the disclosure requirements specified by this instruction in tabular form .820 Definitions and additional explanations are included. These instructions apply to quarterly and annual reports of banking entities. Marginal notes of 176.

General Disclosure Principle .a

The Board of Directors shall establish a formal disclosure policy .821 The banking entity shall specify its approach to determining which disclosures are provided, including internal controls and processes. The Board of Directors and management of the banking entity are responsible for establishing and maintaining internal controls of disclosure. Additionally, according to this instruction, the banking entity shall implement a process to assess the adequacy of disclosure, including validation (validation) and its frequency. Quarterly and annual reports of banking entities shall include statements regarding disclosure, as required by public reporting instructions. These statements relate to disclosures required by public reporting instructions, including disclosures required by this instruction, and generally accepted accounting principles in Israel.

Not included

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Application .b

Not included .822

Application: Table 1

Qualitative Disclosures:

a. Name of the parent banking group to which the Work Framework applies. b. Description of the rules for differences between the consolidated basis for supervisory capital and accounting consolidated basis.
c. Brief description of entities within the group, according to the Work Framework 177:

Fully consolidated (178);
Not included (179);
Deducted from capital (180);
Not included (180);
(For example, when risk-weighted investments are not consolidated) (180).
Any other significant restrictions or prohibitions on transfers of capital or funds within the group.

Quantitative Disclosures:

d. Not included .182, 181 e. Not included .183 f. Not included .185, 184

Significant minority equity investments = entities engaged in insurance, financial subsidiaries, or other financial subsidiaries in real estate and other companies.
For example, according to IFRS12, a list of significant companies in the consolidated financial statements.
Not included
If entities are significant to the banking entity, disclosure can be provided (as an expansion of disclosure).
For example, according to IFRS12, in the consolidated statement, significant companies.
Not included
Not included
Not included
Not included
Not included

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Capital .g *

Capital Structure: Table 2

Qualitative Disclosures:

a. A banking entity is required to provide brief information regarding the main characteristics of supervisory capital instruments. It is clarified that there is no need for numbers in disclosures, as shown in the table in Appendix 1. Comparative.

b. According to the following guidelines, a banking entity is required to provide additional disclosure on the composition of supervisory capital:

If a banking entity provides disclosures on capital components based on ratios, such as "Tangible Common Equity" ratio, a comprehensive explanation must be added on how these ratios were calculated.
A banking entity is required to provide full disclosure of all terms and conditions (full terms and conditions) of all instruments included in supervisory capital.

Quantitative Disclosures:

c. According to the guidelines specified in Appendix 2, a banking entity shall provide disclosure on the composition of supervisory capital.
d. A banking entity shall provide quantitative disclosure clarifying the relationship between the published financial statements and capital components. According to the guidelines in Appendix 3, supervisory.

Capital Adequacy: Table 3

Qualitative Disclosures:

a. A brief discussion of the banking entity's approach to assessing its capital adequacy to support its activities. In the present and future.

Quantitative Disclosures:

b. Capital and risk-weighted asset requirements arising from credit risk exposures:

Sovereigties;
Public sector entities;
Banking entities;
Securities companies;
Entities;
Real estate collateral;
Retail individuals;
Small businesses;
Mortgage lending;
Securitization;
Other assets;
Not included .g

c. Capital and risk-weighted asset requirements arising from market risk .d 191:

Standardized Approach;
Not included;

d. Capital and risk-weighted asset requirements arising from operational risk .e 191:

Basic Indicator Approach;
Standardized Approach;
Not included;

e. Total capital and risk-weighted asset requirements .f f. Including capital, Tier 1 Capital, Tier 1 Core Capital .g h. Total capital and ratios, Tier 1 Capital ratio, Tier 1 Core Capital ratio (if different from Tier 1 Core Capital ratio) .i 192:

The banking group;
Significant banking subsidiaries;

i. Minimum Tier 1 Core Capital ratio and Minimum Total Capital ratio required by the Supervisor for Banks.

Disclosure of capital requirements shall be provided only for approaches used.
Not included

*Updated by the Basel Committee in June 2012 regarding the document published on the required disclosures on the composition of capital. "Disclosure Requirements on the Composition of Capital" When tables in this instruction exist, capital requirements calculated according to risk-weighted assets are referred to as capital requirements. For example, a banking entity that does not meet the definition of a banking entity: Double the total capital ratio of the banking entity. Capital requirements calculated according to risk-weighted assets, particularly significant, are double the ratio of 12.5%.

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Exposure and Assessment .d

Not included .823

General Qualitative Disclosure .1

Banking entities are required to describe their policies and objectives for managing their risks .824 For each type of risk (separate risk area), including (market price risk, interest rate risk in the banking book, operational risk):

Strategies and processes;
Organizational structure and relevant risk management functions;
Scope of reporting systems and/or risk measurement systems;
Risk reduction or hedging policies and/or processes and strategies;
Effectiveness of ongoing risk-reducing hedges.

Credit Risk .2

Not included .825

Table 4 – General Disclosure Requirements for All Banking Entities – Credit Risk:

Qualitative Disclosures:

a. Including, with reference to Section 824 (General Qualitative Disclosure):

Definitions of (for accounting purposes) non-performing and overdue loans;
Description of statistical approaches and methods according to which individual and collective provisions are determined;
Discussion of the banking entity's credit risk management policy;
Not included.

Table 4 does not include equity exposures.

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Quantitative Disclosures:

b. Total gross credit risk exposures .b 194, 195, 196, 197.
Average gross exposure during the period, sorted by main types of credit exposure.

A banking entity may rely, according to the following, on the disclosure and requirements of this disclosure requirement: Note:
Based on the disclosure provided in the Management's Discussion and Analysis supplement, the banking entity may provide additional breakdown by industry sector, including off-balance sheet credit risk and on-balance sheet credit risk, according to the instructions of the Supervisor for Banks, by type of credit exposure.

A banking entity may calculate average gross exposure on a year-to-date basis, based on balances at the end of each of the four quarters during the period, from the beginning of the year to the end of the reporting year.
Additional data regarding non-credit risk exposures shall supplement (2).

c. Distribution of exposures by geographic area .c 198.
Additional sorting by significant types and areas of credit exposure.

Note: When applying this disclosure requirement, a banking entity may rely on the disclosure provided in the Management's Discussion and Analysis supplement regarding exposures to foreign countries. Sorted by main types of credit exposure, counterparty, or industry sector.

Off-balance sheet credit risk exposures arising from off-balance sheet items are defined according to public reporting instructions.
Note: Gross credit risk is given in terms of balance sheet balances, meaning after recognized accounting offsets (netting), for example, credit risk reduction methods such as collateral. A banking entity may calculate credit losses after accounting write-offs, meaning after deducting expenses for credit losses and before accounting write-offs.
Not included
When disclosing average amounts according to public reporting instructions specifying the calculation method, disclosures may be made on a more frequent time basis. In other cases, the average amounts calculated on this method represent the operations of the entity producing the figures for the authorities or management.
If the average is not calculated on a daily basis, it must be disclosed.
The classification according to generally accepted accounting principles may include, for example, commitments to provide off-balance sheet credit exposures, other non-balance sheet derivatives, debt securities (b), and derivatives (a).
(OTC) over-the-counter.
Geographic areas may consist of groups of countries or individual countries within banking entities.
Banking entities may choose to define geographic areas based on how the banking entity's portfolio is managed geographically. Specify the criteria according to which loans are allocated to geographic areas.

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Portfolio breakdown by remaining contractual maturity .h 199.
Sorted by main types of credit exposure.

Note: When applying this disclosure requirement regarding off-balance sheet credit risk and on-balance sheet credit risk (excluding derivatives), a banking entity may rely on the disclosure provided in the Management's Discussion and Analysis supplement regarding assets and liabilities by maturity and basis, according to Explanation 17. A banking entity may choose to base this disclosure on derivatives. Sorted by main types of credit exposure.

v. By main type or main industry sector of counterparty:

Amount of non-performing loans;
Amount of overdue loans 200;
Note: A banking entity may rely on the disclosure regarding the amount of non-performing loans and the amount of overdue loans. Provided in the Management's Discussion and Analysis supplement, Financial Statement 4, and Explanation. Also; and individual and collective provisions.

If banking entities are required to use this disclosure for accounting purposes according to generally accepted accounting principles, they may use the same disclosures for periods.
According to generally accepted accounting principles, use is made of them.
Banking entities are also recommended to include an ageing analysis of overdue loans.

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Note: A banking entity may rely on the disclosure regarding the balance of provisions for credit losses.
Provided in the Management's Discussion and Analysis supplement, Financial Statement 4, and Explanation.

Net accounting write-offs and income statement recognized credit losses during the period;

Notes:
A banking entity may rely on the disclosure regarding credit losses by industry sector, net accounting write-offs. Provided in the Management's Discussion and Analysis supplement, Financial Statement 4, and Explanation.

z. Separate disclosure of non-performing loan amounts, if available, and collective provisions, if practicable, including significant geographic areas. Attributed to each geographic area 201.

A banking entity is not permitted to provide disclosure according to this requirement by referring to the disclosed information in the Management's Discussion and Analysis supplement z regarding problematic debts by foreign countries.

h. Movement in provisions for credit losses .h 202.
Note: A banking entity may rely on the disclosure regarding credit losses, according to Explanation 4.a.4.
Credit losses and provisions for off-balance sheet credit risk and debt instruments – credit.
Not included .t

Table 5 – Disclosure for Treated Portfolios According to the Standardized Approach – Credit Risk: 203

Qualitative Disclosures:

a. Regarding treated portfolios according to the Standardized Approach:

Names of external credit rating agencies (ECAI) and export credit agencies (ECA) used;
Reasons for any changes;
Types of exposures for which use was made with any company or agency;

Separate disclosure of the collective provision attributed to a non-geographic area is required.
Information to be presented includes: description of the type of provision; separate presentation of movements in individual and collective provisions; amounts provided during the period (provisions cancelled or provisions made); write-offs charged against provisions during the period; expected credit losses; other adjustments; acquisition, merger, disposal; exchange rate differences; transfers between types of provisions, including subsidiaries.
Not included

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Description of the process used for transferring public credit ratings (public issue rating) .
Comparison with assets in the banking portfolio.
Matching between the numerical scale of any company or agency and the Alpha scale between risk groups 204.

Quantitative Disclosures:

Regarding amounts of exposure after credit risk reduction treated according to the Standardized Approach .b
Balances (outstandings) of the banking entity (before and after) rated and unrated; Amounts deducted from capital and credit risk reduction in each risk weight.
Not included.
Not included .826.
Table * Not included: 6

Table 216, 217: Standard Approach Disclosures: Credit Risk Mitigation

Qualitative Disclosures a. General qualitative disclosures under Section 824 (including credit risk mitigation).

Policies and processes regarding on-balance sheet and off-balance sheet netting, and indication of whether the banking entity uses such netting;
Policies and processes regarding valuation and management of collateral;
Description of the main types of collateral received by the bank;
Description of the main types of counterparties/guarantors of credit derivatives.

There is no need to provide this information if the banking entity operates according to the standard mapping approach (standard approach). This is at the discretion of the Supervisor.

Footnotes 205-215 are not included.

Banking entities are required to provide the following disclosures for credit risk mitigation recognized for capital reduction purposes, at a minimum. It is desirable, but not required, for banking entities to disclose additional information regarding credit risk mitigation factors when relevant. This is for the purpose of recognition.
Disclosures regarding securitization shall not include credit derivatives and other credit mitigants treated as part of the work framework. (See Table 9 for disclosures regarding securitization).

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Information regarding concentration of risks (credit or market) taking into account the following:
. The risk used.

Quantitative Disclosures b. Separate disclosure for each credit risk portfolio as provided in Table B.3 above, for total exposure. After eligible financial collateral (on-balance sheet or off-balance sheet, when relevant), after haircuts, after eligible multiplication factors (218).

c. Separate disclosure for each portfolio as provided in Table B.3 above, for total exposure, after (when relevant), after eligible financial collateral (on-balance sheet or off-balance sheet), after credit derivatives/guarantees.

Table 8: General Disclosures Regarding Exposures Related to Credit Risk

Qualitative Disclosures a. General qualitative disclosures under Sections 824 and 825 (including derivatives over-the-counter).

Discussion of eligibility for repo-style transactions and eligible margin loans;
Method used to allocate economic capital to determine limits on credit exposures and for use with counterparties;
Policy on valuation and management of collateral, and determination of adjustments to value and credit reserves;
Discussion of the main types of collateral taken;
Policy regarding wrong-way risk exposures.

The banking entity is required to provide the impact of the amount of collateral on the banking entity in the event of a downgrade of the rating.

Quantitative Disclosures b. Gross positive fair value of contracts, credit exposure net of collateral benefits, current credit exposure after collateral and netting, including types such as cash, government securities, etc. In addition to reporting on the exposure amount according to the Standard Method (SM) or the Internal Models Method (IMM) (219).

If the comprehensive approach is applied, it is relevant to further reduce the total exposure by reducing positive adjustments to exposure after eligible financial collateral after multiplication factors, as allowed in Part 2 of the work.

Disclosures are only required for the approaches used.

Net credit exposure is the credit exposure in derivative transactions after taking into account benefits from netting agreements, without taking into account enforcement of collateral haircuts due to liquidity, price volatility, etc., and enforcement of collateral and netting agreements. Additional information for market participants through hedging credit derivatives using the notional amount, etc., regarding credit risk.

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The notional amount of hedging credit derivatives according to the Current Exposure Method (CEM).

Distribution of current credit exposure by type of credit exposure (220).

c. Credit derivative transactions creating exposures to credit risk of counterparties (notional amount).
Distinction between the banking entity's use for its credit portfolio and its brokerage activities.

Further split by type of credit derivative products used (221), including distribution by products, between protection sold and protection purchased for each product group.

d. Not included.

Table 9: Securitization Disclosures - Standard Approach

Qualitative Disclosures
222. General qualitative disclosures under Section 824 regarding securitization (including synthetic securitizations).

Objectives of the banking entity's securitization activities, including the extent to which these activities transfer credit risk exposures securitized by the banking entity to other banking entities;
Types of risks retained and activities involving resecuritization (223);
Nature of other risks securitized (e.g., liquidity risk);
Various roles played by the banking entity in the securitization process (224), including indication of the role of the banking entity in each of the roles;
Description of processes conducted to monitor changes in credit and market risk, e.g., how the behavior of underlying assets affects securitized exposures (232);
How these processes include variables for resecuritized exposures (232).

May include credit derivatives, equity derivatives, interest rate derivatives, commodity derivatives, other derivatives, repo-style transactions, eligible margin loans.
Examples: Total Return Swaps (TRS), Credit Default Swaps (CDS), credit event swap contracts, credit options, Return Swaps, etc.
Banking entities shall provide separate qualitative disclosures for trading book exposures and banking book exposures, when relevant.
For example, if a banking entity is particularly active in the secondary market for senior tranches of resecuritization, it should describe the resecuritization structure, e.g., for residential mortgages, the main categories for which a description should be given (e.g., senior tranche of a mezzanine tranche for residential mortgages). Resecuritizations in which the active bank participates.
Examples: originator, investor, service provider, credit enhancer, liquidity provider, funder, swap provider.

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Description of the bank's policy regarding the use of credit risk mitigants to reduce risks, including exposures retained and exposures securitized;
Approaches used for regulatory capital calculation (e.g., Standardized Approach (SA), Supervisory Formula Approach (SFA), Internal Assessment Approach (IAA), Rating-Based Approach (RBA));
Standardized measurement approach for risk measurement and handling of banking entity activities;
Types of securitized exposures for which approaches (233) were applied (232).

b. List of:

Types of Special Purpose Entities (SPE) that the banking entity acts as funder (225) for securitization;
Whether the banking entity has on-balance sheet or off-balance sheet exposures to third-party exposures;
Parties related to the banking entity that it advises or manages;
Special entities or securitized entities that the banking entity acts as funder (226).

c. Summary of the banking entity's accounting policy regarding securitization activities, including:

Whether transactions are treated as financing or sales;
Recognition of profit at the time of sale;
Methods and main assumptions used for valuation (inputs) (227);
Changes in methods and main assumptions from the previous reporting date;
Treatment of synthetic securitizations if not covered by other accounting policies (e.g., regarding derivatives).

A banking entity is generally considered a "funder" if it sponsors, manages, or advises a program, in substance or in fact. Programs may include credit enhancement or liquidity facilities, marketable securities, e.g., transfer vehicles, Asset-Backed Commercial Paper (ABCP), structured investment vehicles.
Money market mutual funds, private trusts, and estates should be noted separately.
It is recommended that banking entities distinguish between the valuation of securitized exposures and the valuation of resecuritized exposures, when relevant.

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How exposures intended to be securitized are treated (e.g., warehouse or pipeline exposures);
Whether they are recorded in the trading book or banking book and whether they are valued;
Policy for recognizing commitments in the balance sheet that may require the banking entity to provide financial support to securitized assets.

d. Names of external credit rating agencies (ECAI) used in the banking portfolio for securitization.
Types of securitized exposures (232) for which each agency is used.

e. Not included.

f. Explanation of any significant changes in quantitative information, e.g., amounts of assets intended for securitization. Transfer of assets between the banking portfolio and the trading portfolio from the last reporting period (228).

Quantitative Disclosures - Banking Portfolio

z. Total exposure balance treated as securitized exposures by the banking entity (229).
Separate disclosure for third-party exposures for which the banking entity acts only as funder (225), distinguishing between traditional and synthetic securitization (230, 228) according to the work framework.

h. Total exposure balance treated as securitized exposures by the bank (229).
According to the work framework (230).

Amount of securitized assets classified as past due or impaired by exposure type (228);
Losses recognized by the banking entity during the current reporting period by exposure type (228, 231).

i. Total exposure balance classified as intended for securitization by exposure type (228, 230).

j. Summary of securitization activity for the current period including total balance of securitized exposures (229), by exposure type (228), including gains or losses recognized on sale by exposure type (228, 230).

Examples of underlying exposure types: home equity loans, residential mortgage loans, credit cards, etc. Detailed by type of underlying exposure, e.g., CDOs, ABS, CMBS, RMBS.
"Securitized exposures" include underlying exposures created by the banking entity, including third-party exposures added to the balance sheet, third-party exposures purchased or sold, including underlying exposures originally presented by the banking entity on its balance sheet in securitization transactions. However, in securitizations where the originating bank does not retain any securitized exposure, only the year of inception should be reported.
Banking entities are required to disclose exposures without considering the capital required to be held according to Pillar 1 (230.1).
Provisions/write-downs for retained assets (e.g., if the banking entity holds tranches), including only residual rights and cash flows, as well as recognition of commitments for expected financial support regarding securitized assets.

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k. Cumulative amount:

Acquired or retained on-balance sheet securitized exposures classified by exposure type (232, 228);
Off-balance sheet securitized exposures classified by exposure type (232, 228).

l. Cumulative amount of securitized exposures (232) regarding capital requirements for acquired or retained exposures. These exposures are classified between resecuritized exposures and securitized exposures, e.g., by significant number of risk categories for any regulatory approach applied (SA, IAA, RBA, SFA).

Separate disclosure shall be given for exposures fully deducted from capital, by exposure type (228), including only interest-only strips (I/O) constituting credit enhancement, and other exposures fully deducted from capital.

m. Disclosures shall be provided for securitizations treated under the early amortization provision, by the following items:

Exposures securitized (facilities) (228):

Total amount of utilized exposures attributed to rights of investors and sellers;
Total amount of capital charges incurred by the banking entity for its portion (i.e., for the balance);
And for unutilized credit lines and facilities retained.
Total amount of capital charges incurred by the banking entity for its portion of investors' utilized balances;
And for unutilized credit lines and facilities.

n. Cumulative amount of acquired or retained resecuritized exposures classified by (231):

Exposures for which credit risk mitigation was not applied and exposures for which credit risk mitigation was applied;
Exposures to guarantors classified by name or by credit quality groups.

Not included.

Securitization exposures include, but are not limited to, commitments, liquidity facilities, marketable securities, as clarified in Part IV, Chapter 2. They include other credit enhancements such as I/O strips, cash collateral accounts, deferred assets, etc.

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Quantitative Disclosures - Trading Portfolio

o. Total exposure balance treated as securitized exposure by the banking entity (229).
Separate disclosure for third-party exposures for which the banking entity acts only as funder (225), distinguishing between traditional and synthetic securitization (230, 228) according to the work framework.

p. Total exposure balance classified as intended for securitization by exposure type (228, 230).

q. Summary of securitization activity for the current period including total balance of securitized exposures (229), by exposure type (228), including gains or losses recognized on sale by exposure type (228, 230).

r. Total exposure balance securitized by the banking entity and exposures subject to market risk approach (subject) retained by the banking entity, distinguishing between traditional and synthetic securitization (228) by exposure type.

s. Cumulative amount:

Acquired or retained on-balance sheet securitized exposures classified by exposure type (232, 228);
Off-balance sheet securitized exposures classified by exposure type (232, 228).

t. Cumulative amount of acquired or retained securitized exposures separately (232):

Securitization exposures subject to comprehensive risk measurement for specific risk;
Securitization exposures subject to the securitization framework for specific risk, classified by significant number of risk categories for any regulatory approach applied (e.g., SA, RBA, SFA).

u. Cumulative amount:

Capital requirements for securitized exposures classified by type (232), subject to comprehensive risk measurement (appropriate risks such as default risk, rating migration risk, correlation risk, etc.) (233);
Capital requirements for securitized exposures (securitization or resecuritization) subject to the securitization framework, classified by significant number of risk categories for any regulatory approach applied (e.g., SA, RBA, SFA).

Not included.

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v. Disclosures shall be provided for securitizations treated under the early amortization provision, by the following items:

Exposures securitized (facilities) (228):

Total amount of utilized exposures attributed to rights of investors and sellers;
Total amount of capital charges incurred by the banking entity for its portion (i.e., for the balance);
And for unutilized credit lines and facilities retained.
Total amount of capital charges incurred by the banking entity for its portion of investors' utilized balances;
And for unutilized credit lines and facilities.

w. Cumulative amount of acquired or retained resecuritized exposures classified by (231):

Exposures for which credit risk mitigation was not applied and exposures for which credit risk mitigation was applied;
Exposures to guarantors classified by name or by credit quality groups.

Not included.

Market Risk

Table 234: Market Risk Disclosures - Banking Entities Using the Standardized Approach

Qualitative Disclosures a. Description of portfolios treated for market risk, including under general qualitative disclosures (Section 824). Standard Approach.

Quantitative Disclosures b. Capital requirements for:

Interest rate risk (235);
Equity risk;
Foreign exchange risk other than spot.

Table 11: Not included.

The Supervisor shall direct banks to provide additional disclosure in the public report in any case where it is required.

This table is the "Standardized Measurement Approach" defined in Chapter VI, Part 2 of the work framework.
Separate disclosure is required for capital requirements for securitization positions according to Table 9.

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Operational Risk

Table 12: Operational Risk

Qualitative Disclosures a. General qualitative disclosures under Section 824, in addition to general qualitative disclosures under Section 824. Approaches used by the banking entity to estimate the required capital for operational risk.

b. Disclosure regarding the use of insurance to reduce operational risk.

c. Not included.

Equity

Table 13: Disclosures Regarding Equity Positions in the Banking Portfolio

Qualitative Disclosures a. General qualitative disclosures under Section 824 regarding equity risk, including:

Distinction between holdings expected to generate capital gains and other holdings acquired for other purposes, including relationships and strategic reasons;
Discussion of significant policy regarding the assessment of equity holdings in the banking portfolio.
Accounting treatment and methods referred to in this framework. Key assumptions and conventions used in the assessment, including significant changes in these conventions.

Quantitative Disclosures b. Book value of investments and fair value of securities for which they were acquired.
Comparison with quoted price when a quoted price exists, derived from the quoted share price.
Significant difference between fair value and quoted price.

c. Amount of investments characterized by type, including:

Publicly traded;
Privately held.

d. Not included.

e. Not included.

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f. Capital requirements for equity groups classified consistently by the banking entity.
Total amount of accumulated amounts of equity investments subject to provisions other than regulatory capital requirements, regarding any regulatory provisions.

Interest Rate Risk in the Banking Book

Table 14: Interest Rate Risk in the Banking Book (IRBB)

Qualitative Disclosures a. Disclosure requirements under general qualitative disclosures (Section 824), including the nature of interest rate risk in the banking book, key assumptions including prepayment assumptions, and frequency and tenor of deposits without a fixed term at which IRBB is measured.

Quantitative Disclosures b. The relevant measurement unit or (economic value or profit) shrinkage (increase) used. Interest rate shrinkage/increase resulting from management of interest rates according to the management measurement method (when relevant), classified by currency, IRBB.

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Annex 1: Description of Main Characteristics of Issued Regulatory Capital Instruments

a. A banking entity is required to describe the main characteristics of issued regulatory capital instruments, such that this table represents the minimum description. (See Table 1 below for the table presented in this annex). The banking entity shall provide information for each issued regulatory capital instrument.

b. The banking entity shall report separately in a column for each regulatory capital instrument, including disclosure on instruments subject to transition provisions, such as common equity.

The table shall describe the characteristics of each capital instrument in the cells marked gray.

Note: Numbering of the table corresponds to the numbering presented in the document of the Committee.

As of * xx.xx.20x0

Table 1: Description of Main Characteristics of Issued Regulatory Capital Instruments

Legal Entity of the Issuer
Unique Characteristic (e.g., ISIN)
Legal Framework / Regime Applicable to the Instrument
[The country whose laws apply to the instrument]

Regulatory Treatment
4. Basel III Tier to which the instrument belongs. [Choose from options: Tier 1 Common Equity, Additional Tier 1, Tier 2]

Is the instrument eligible as a component of regulatory capital on a solo basis or by the banking group? Indicate whether the component is eligible as a component of regulatory capital on a solo basis or by the banking group.

Instrument Type
6. [Choose from options: Common Equity, Preference Shares, Debt]

Common equity issued by a subsidiary of the banking entity
Preference shares issued by a subsidiary of the banking entity
Debt issued by third-party investors to a subsidiary
Debt issued by third-party investors to the banking entity
Warrants on equity
Warrants on third-party investors to the banking entity
Other instrument

Amount of regulatory capital recognized in millions of new shekels as of the most recent reporting date.
Nominal value of the instrument in millions of NIS.

Accounting Classification
9. [Choose from options: Equity, Liability measured at amortized cost, Liability measured at fair value, Non-controlling interests in subsidiaries, Consolidated]

Original Issue Date
10.

Maturity
11. [Choose from options: Perpetual, Non-perpetual]

Original Redemption Date
12. If the instrument is non-perpetual, specify the redemption date (day, month, year). If perpetual, write "No redemption date".

Early Redemption at Issuer's Discretion
13. [Choose from options: Yes, No]

Earliest Date for Early Redemption Option
14. Specific date (day, month, year) if the option can be exercised on a specific date. If conditional on specific events or tax events, specify. Additionally, specify the redemption price, if any. Other conditions obliging exercise of the option, if any.

Existence and Frequency of Earlier Redemption Dates
15. [Choose from options: More than one, None]

Dividend / Interest Coupon
16. [Choose from options: Fixed, Variable, Fixed becoming variable, Variable becoming fixed]

Interest Coupon Rate Indexed to a Specific Index
17. Specify the interest coupon rate of the instrument and the index to which it is indexed.

Dividend Stopper Condition
18. Specify whether there is a condition prohibiting payment of dividends or interest coupons on the instrument, which triggers for holders of common equity. [Choose from options: Yes, No]

Discretionary Nature of Dividend/Interest Coupon Payments
19. [Choose from options: Full discretion, Partial discretion, No discretion]

If the banking entity has full discretion to cancel payments, write "Full discretion". Possible circumstances under which dividends to common equity holders are not paid, e.g., only if certain conditions are met preventing effective cancellation of payments by the banking entity.
If the banking entity cannot cancel payments except in case of insolvency, write "No discretion".

Step-up / Other Redemption Incentive
20. [Choose from options: Yes, No]

Cumulative or Non-cumulative Instrument
21. [Choose from options: Cumulative, Non-cumulative]

Convertible or Non-convertible Instrument
22. [Choose from options: Convertible, Non-convertible]

Conversion Point(s) and Conditions
23. If convertible, specify the conditions for converting the instrument, including non-viability point. Specify the ability of authorities to trigger conversion. Specify whether the contract conditions allow authorities to cause conversion, legal basis (statutory or contractual).

Conversion Extent
24. If convertible, specify for each separate trigger point: (a) Always convertible; (b) Fully convertible; (c) Partially convertible.

Conversion Ratio
25. If convertible, specify the conversion ratio.

Conversion Obligation or Option
26. [Choose from options: Option, Obligation, Not relevant]

Tier of Instrument After Conversion
27. [Choose from options: Tier 1 Common Equity, Additional Tier 1, Tier 2, Other]

Issuer Rating Upon Conversion
28.

Write-down Feature
29. [Choose from options: Yes, No]

Write-down Trigger Point(s) and Conditions
30. If a write-down feature exists, specify the trigger point when write-down occurs, including non-viability point. Specify the ability of authorities to trigger write-down. Specify whether the contract conditions allow authorities to cause write-down, legal basis (statutory or contractual).

Write-down Extent
31. If a write-down feature exists, specify for each separate trigger point: (a) Always written down; (b) Possibly written down fully or partially; (c) Always written down partially.

Temporary or Permanent Write-down
32. [Choose from options: Temporary, Permanent, Not relevant]

Write-up Mechanism Description
33. If a temporary write-down feature exists, describe the write-up mechanism (Write up).

(8/13) [1] Public Reporting Guidelines for Banks Implementation of certain disclosure requirements according to Pillar 3 of Basel - Circular 694A – 23

(8/13) [1] Public Reporting Guidelines for Banks Implementation of certain disclosure requirements according to Pillar 3 of Basel - Circular 694A – 24

(8/13) [1] Public Reporting Guidelines for Banks Implementation of certain disclosure requirements according to Pillar 3 of Basel - Circular 694A – 25

Note 1: The disclosure requirements appearing in the table are required after the transition period, effective from 1.1.2022. Transition period disclosures are located in Chapter 670 of the Public Reporting Guidelines.

(Position in subordination hierarchy in liquidation) In liquidation, indicate the immediately preceding instrument in the subordination hierarchy (senior to instrument). If possible, indicate the immediately preceding instruments in the subordination hierarchy by reference to their column numbers in the table.

If there are instruments that do not characterize the instrument in question, do not record them in the relevant column.

(8/13) [1] Disclosure Requirements for Banks: Implementation of Basel III Pillar 3 Disclosure Requirements - Section 694A – 26 'Page Supplementary 2 - Disclosure of Regulatory Capital Composition:
A banking entity is required to provide disclosure of the composition of regulatory capital in accordance with the table below.

:Notes

A reference has been added for convenience to the corresponding section in the "Prudential Capital and Adequacy Measurement" directive ("the Directive" below) or the corresponding section in the Basel requirements. This reference is not required for disclosure.
The numbering in the table corresponds to the numbering in the document presented by the Committee. However, the table does not include sections presented by the Committee, nor does it include regulatory capital components that require filling in every row in the table as zero or negligible.
It is clarified that the disclosure demonstrates the current period. Figures are in millions of New Shekels as of xx.xx.20x0.

:1. Common Equity Tier 1 Capital
Instruments and Premiums Issued by the Banking Entity on Ordinary Shares Included in Common Equity Tier 1

Ordinary Share Capital Issued by the Banking Entity and Premiums [In accordance with sections 4.a.4 and 4.b.4 of Directive 202]
Surplus, including dividends declared or proposed after the balance sheet date [In accordance with Directive 202]
Retained Earnings Including Other Comprehensive Income Disclosed [In accordance with section 4.d of Directive 202]
Ordinary Shares Issued by Banking Entity Subsidiaries Held [Minority Interests] (Side 'G') [In accordance with section 4.e of Directive 202]
Common Equity Tier 1 Capital Before Regulatory Adjustments and Deductions (Summary of lines 1-4)

:1. Common Equity Tier 1 Capital Regulatory Adjustments and Deductions
6. Stability Assessment Adjustments [In accordance with sections 698-701 of Directive "Prudential Capital and Adequacy Measurement"] [In accordance with the "Guidelines for the Assessment of Fair Value of Financial Instruments by Banking Entities" published in December 2008, and in particular paragraph 10 of April 2009, Basel Committee]
7. Goodwill, Deferred Tax Assets Deductible, Intangible Assets Other Than Mortgage Servicing Rights [In accordance with section 5.a of Directive 202]
8. Intangible Assets Other Than Mortgage Servicing Rights [In accordance with section 5.a of Directive 202]
9. Deferred Tax Assets Realizable Based on Future Profitability of the Banking Entity [In accordance with section 5.b of Directive 202]
10. Deferred Tax Assets Arising From Temporary Differences (Except Those Based on Future Profitability of the Banking Entity) [In accordance with section 13 of Directive 202]
11. Amount of Other Comprehensive Income Not Items of Cash Flow Hedging Presented at Fair Value in the Balance Sheet [In accordance with section 5.d of Directive 202]
12. Negative Gap (Shortfall) Between Expected Loss Provisions [In accordance with section 5.z of Directive 202]
13. Increase in Own Capital Arising from Hedging Transactions [In accordance with section 5.h of Directive 202]
14. Unrealized Gains and Losses Resulting from Changes in Fair Value of Liabilities, in addition to adjustments relating to the Banking Entity's Own Credit Risk (DVA) Arising from Derivative Instruments and Liabilities [In accordance with section 5.v of Directive 202]
15. Net Assets Defined as Benefits Under Defined Benefit Pension Plans, If the Asset Would Be Reduced or Impaired in Accordance with Disclosure Requirements [In accordance with section 5.g of Directive 202]
16. Direct or Indirect Holdings of Own Ordinary Shares, Including Commitments to Purchase Shares (Contractual Agreements) [In accordance with section 5.h of Directive 202]
17. Cross-Holdings of Ordinary Shares of Financial Institutions [In accordance with section 5.t of Directive 202]
18. Investments in Capital of Non-Financial Entities Included in Consolidated Public Disclosures, When the Banking Entity's Holding Exceeds 10% of the Ordinary Share Capital of the Financial Entity [In accordance with the treatment established in the Basel III Document: III Global Regulatory Framework for Bank Resilience, amended June 2011 (December 2010), sections 80-83 of the Basel III Document below]
19. Investments in Capital of Non-Financial Entities Included in Consolidated Public Disclosures, When the Banking Entity's Holding Exceeds 10% of the Ordinary Share Capital of the Financial Entity [In accordance with the treatment established in the Basel III Document, sections 84-89]
20. Investments in Capital of Non-Financial Entities Included in Consolidated Public Disclosures, When the Banking Entity's Holding Exceeds 10% of the Ordinary Share Capital of the Financial Entity [In accordance with the treatment established in the Basel III Document, section 87]
21. Deferred Tax Assets Arising From Timing Differences Exceeding 10% of Common Equity Tier 1 Capital [In accordance with the treatment established in the Basel III Document, section 87]
22. Deferred Tax Assets Arising From Timing Differences and Mortgage Servicing Rights Exceeding 10% of Ordinary Share Capital Issued by Financial Entities and Investments Exceeding 15% of Common Equity Tier 1 Capital of the Banking Entity [In accordance with the treatment established in the Basel III Document, section 88]
23. Investments Exceeding 10% of Ordinary Share Capital Issued by Financial Entities: Of Which
24. Mortgage Servicing Rights: Of Which
25. Deferred Tax Assets Arising From Timing Differences: Of Which
26. Additional Regulatory Adjustments and Deductions Established by the Superintendent of Financial Institutions: Of Which
a.38. Investments in Capital of Financial Entities: Net Effect of Deduction of Non-Investment Ordinary Shares Compared to Treatment in accordance with Directive 202 [In accordance with the Basel III Document] b.38. Mortgage Servicing Rights: Net Effect of Deduction of Mortgage Servicing Rights Compared to Treatment in accordance with Directive 202 [In accordance with the Basel III Document] c.38. Additional Regulatory Adjustments for Common Equity Tier 1 Not Included in sections a.25 and b.25 (If Material)
27. If Capital Is Insufficient to Cover Deductions Applied to Common Equity Tier 1 Before Additional Tier 1 and Tier 2 Capital [In accordance with sections 9 and 12 of Directive 202]
28. Total of All Regulatory Adjustments and Deductions for Common Equity Tier 1 (Summary of lines 6-21, 25, 26, 27)
29. Common Equity Tier 1 Capital (Amount in line 28 minus Amount in line 5)

:Additional Tier 1 Capital Instruments
30. Additional Tier 1 Capital Instruments Issued by the Banking Entity and Premiums [In accordance with sections 7.a.7 and 7.b.7 of Directive 202]
31. Classified as Equity for Disclosure Purposes: Of Which
32. Classified as Liability for Disclosure Purposes: Of Which
33. Additional Tier 1 Capital Instruments Issued by Banking Entity Subsidiaries Held [Side 'G' Investors] [In accordance with section 7.c of Directive 202]
34. Additional Tier 1 Capital Before Deductions (Summary of lines 29, 32)

:Additional Tier 1 Capital Deductions
35. Own Investments in Instruments Included in Additional Tier 1 Capital Held Directly or Indirectly, Including Commitments to Purchase Instruments (Contractual Agreements) [In accordance with section 8.a of Directive 202]
36. Cross-Holdings of Instruments Included in Additional Tier 1 Capital [In accordance with section 8.b of Directive 202]
37. Investments in Capital of Non-Financial Entities Included in Consolidated Public Disclosures, When the Banking Entity's Holding Does Not Exceed 10% of the Ordinary Share Capital of the Financial Entity [In accordance with the treatment established in the Basel III Document, sections 80-83]
38. Investments in Capital of Non-Financial Entities Included in Consolidated Public Disclosures, When the Banking Entity's Holding Exceeds 10% of the Ordinary Share Capital of the Financial Entity [In accordance with sections 6.b.6, 8.c, and 8.d of Directive 202]
39. Additional Deductions Established by the Superintendent of Financial Institutions: Of Which
a.39. Investments in Capital of Financial Entities: Net Effect of Deduction of Non-Investment Ordinary Shares Compared to Treatment in accordance with Directive 202 [In accordance with the Basel III Document] b.39. Additional Regulatory Adjustments for Additional Tier 1 Not Included in section a.38 (If Material)
40. If Capital Is Insufficient to Cover Deductions Applied to Additional Tier 1 Before Tier 2 Capital [In accordance with section 12 of Directive 202]
41. Total of All Deductions for Additional Tier 1 Capital (Summary of lines 34-38, 39, 40)
42. Additional Tier 1 Capital (Amount in line 40 minus Amount in line 33)
43. Common Equity Tier 1 Capital and Additional Tier 1 Capital (Calculated Based on Summary of Lines 28 and 41)

:Tier 2 Capital Instruments
44. Instruments Included in Tier 2 Capital (Excluding Instruments Issued by the Banking Entity and Premiums) [In accordance with sections 10.a.10 and 10.b.10 of Directive 202]
45. Tier 2 Capital Instruments Issued by Banking Entity Subsidiaries Held [Side 'G' Investors] [In accordance with section 10.c of Directive 202]
46. Group-Wide Provision for Credit Losses Applicable According to Tax Impact [In accordance with section 10.d of Directive 202]
47. Tier 2 Capital Before Deductions (Summary of lines 43-45)

:Tier 2 Capital Deductions
48. Own Investments in Tier 2 Capital Instruments Held Directly or Indirectly, Including Commitments to Purchase Instruments (Contractual Agreements) [In accordance with section 11.a of Directive 202]
49. Cross-Holdings of Tier 2 Capital Instruments in Financial Institutions [In accordance with section 11.b of Directive 202]
50. Investments in Capital of Non-Financial Entities Included in Consolidated Public Disclosures, When the Banking Entity's Holding Does Not Exceed 10% of the Ordinary Share Capital of the Financial Entity [In accordance with the treatment established in the Basel III Document: III Global Regulatory Framework for Bank Resilience, amended June 2011 (December 2010), sections 80-83 of the Basel III Document below]
51. Investments in Capital of Non-Financial Entities Included in Consolidated Public Disclosures, When the Banking Entity's Holding Exceeds 10% of the Ordinary Share Capital of the Financial Entity [In accordance with sections 11.b, 11.c, and 11.d of Directive 202]
52. Additional Deductions Established by the Superintendent of Financial Institutions: Of Which
a.52. Investments in Capital of Financial Entities: Net Effect of Deduction of Non-Investment Ordinary Shares Compared to Treatment in accordance with Directive 202 [In accordance with the Basel III Document] b.52. Additional Deductions for Tier 2 Capital Not Included in section a.52 (If Material)
53. Total of All Deductions for Tier 2 Capital (Summary of lines 47-51)
54. Tier 2 Capital (Calculated According to Amount in line 52 minus Amount in line 46)
55. Total Capital (Common Equity Tier 1 Capital and Tier 2 Capital) (Calculated According to Summary of Lines 42 and 53)
56. Total Risk-Weighted Assets

:Capital Ratios and Capital Conservation Buffer
57. Common Equity Tier 1 Capital as a Percentage of Risk-Weighted Assets
58. Additional Tier 1 Capital as a Percentage of Risk-Weighted Assets
59. Total Capital as a Percentage of Risk-Weighted Assets
60. Not Relevant
61. Not Relevant
62. Not Relevant
63. Not Relevant

:Minimum Requirements Established by the Superintendent of Financial Institutions
64. Minimum Common Equity Tier 1 Ratio Established by the Superintendent of Financial Institutions
65. Minimum Additional Tier 1 Ratio Established by the Superintendent of Financial Institutions
66. Minimum Total Capital Ratio Established by the Superintendent of Financial Institutions

:Amounts Below the Threshold for Deduction (Before Risk-Weighted Deduction)
67. Investments in Capital of Non-Financial Entities (Excluding Banking Subsidiaries), Exceeding 10% of Ordinary Share Capital Issued by the Financial Entity, Not Reported in Lines 18, 36, 49
68. Investments in Common Equity Tier 1 Capital of Banking Subsidiaries (Excluding Non-Financial Entities), Exceeding 10% of Ordinary Share Capital Issued by the Financial Entity (Their Subsidiaries), Not Reported in Lines 18, 22
69. Mortgage Servicing Rights and Deferred Tax Assets Deductible, Not Reported in Lines 19, 23
70. Deferred Tax Assets Arising From Timing Differences, Not Reported in Lines 21, 24

:2. Tier 2 Capital Inclusion Cap
71. Provision Eligible for Inclusion in Tier 2 Capital Under the Standardized Approach Before Application of the Cap [In accordance with section 10.d.1 of Directive 202]
72. Provision Eligible for Inclusion in Tier 2 Capital Under the Standardized Approach [In accordance with section 10.d.1 of Directive 202]
73. Provision Eligible for Inclusion in Tier 2 Capital Under the Internal Ratings-Based Approach Before Application of the Cap [In accordance with section 10.d.2 of Directive 202]
74. Provision Eligible for Inclusion in Tier 2 Capital Under the Internal Ratings-Based Approach [In accordance with section 10.d.2 of Directive 202]

(8/13) [1] Disclosure Requirements for Banks: Implementation of Basel III Pillar 3 Disclosure Requirements - Section 694A – 30 'Page Supplementary 3 - Disclosure of Differences Between Regulatory Capital Components and Published Financial Statements:

a. A banking entity must adopt a three-step approach to present the link between the published financial statements and the regulatory capital components.

b. A banking entity is not permitted to skip a step if the step does not provide sufficient additional information.

c. The banking entity is required to present the following three steps:

Step: Disclosure of the Balance Sheet According to the Regulatory Consolidation Basis
1.1. Disclosure of the Balance Sheet as Reported in the Published Consolidated Financial Statements (Below "Consolidated Balance Sheet") is required. The Balance Sheet is considered "Consolidated Regulatory Balance Sheet" when calculated according to the Regulatory Consolidation Basis.
1.2. If the Consolidated Regulatory Balance Sheet is identical to the Consolidated Balance Sheet of a specific banking group, it is sufficient to indicate this for the banking group. Additionally, the banking entity is not required to include separate columns for the Consolidated Balance Sheet and to proceed directly to Step 2.
1.3. If there are items in the Consolidated Regulatory Balance Sheet that do not appear in the Consolidated Balance Sheet, these items must be added to Table 1 in the column relating to the Consolidated Balance Sheet, as they are zero in the Consolidated Balance Sheet.
1.4. Banking entities are required to provide additional disclosure:
1.4.1. If relevant, a list of legal entities included in the Consolidated Regulatory Disclosure but not in the Consolidated Accounting Disclosure.
1.4.2. If relevant, a list of legal entities included in the Consolidated Regulatory Disclosure but not in the Consolidated Accounting Disclosure.
1.4.3. If there are legal entities included in both the Consolidated Accounting Disclosure and the Consolidated Regulatory Disclosure, but under different consolidation methods, banking entities are required to disclose these entities separately and clarify the differences between the consolidation methods, as stated in section 822.b.
1.4.4. Banking entities are required to provide disclosure for each legal entity included in section 4: The total assets and total equity as reported in the financial statements of the entities, and a description of the main activities of each entity.
Step: Presentation of Components of Regulatory Capital from the Consolidated Regulatory Balance Sheet
2.5. A banking entity is required to expand the Consolidated Regulatory Balance Sheet to present the capital components separately, as presented in Table 2 of "Supplementary 2 - Disclosure of Regulatory Capital Composition." Each additional component added to the Consolidated Regulatory Balance Sheet will receive a reference to Step 3.
Step: Mapping of Components Presented in Step 2 for the Purpose of Presenting Regulatory Capital Composition
3.9. To present the link between the published financial statements and the regulatory capital components, a banking entity is required to update the "Regulatory Capital Composition" table presented in Supplementary 2, in accordance with the following guidelines and to update it:
Add a new column to the table called "Regulatory Capital Components from the Balance Sheet." This column will include all references recorded in Step 2, explaining how each component was calculated. Note: If a capital component is calculated on a difference or sum of sub-items in the Consolidated Regulatory Balance Sheet, this should be reflected in this column in Step 3. An example of the three-step presentation approach is attached below.

(8/13) [1] Disclosure Requirements for Banks: Implementation of Basel III Pillar 3 Disclosure Requirements - Section 694A – 34 'Page Example of the Three-Step Presentation Approach

The example below presents the three-step approach linking the Balance Sheet as Reported in the Financial Statements to the Published Regulatory Capital Components.

Step: Disclosure of the Balance Sheet According to the Regulatory Consolidation Basis
In the example, it is assumed that the Consolidated Regulatory Balance Sheet of the Banking Entity is identical to the Consolidated Balance Sheet. In this case, it is sufficient to indicate this for the Banking Entity and proceed directly to Step 2.
Step: Presentation of Components of Regulatory Capital from the Consolidated Regulatory Balance Sheet
In Step 2, the Consolidated Regulatory Balance Sheet must be presented, expanded to show which balance sheet items are included in the Regulatory Capital Components:

Regulatory Capital Components Included Balance Sheet Items Consolidated Regulatory Balance Sheet References Capital Components As of 31.12.20X0, in millions of New Shekels

Assets
24,000 Cash and Deposits in Banks
49,980 *Securities at Fair Value
Of Which: Investments in Capital of Non-Financial Entities Exceeding 10% of Ordinary Share Capital of the Financial Entity 1,000 Of Which: Investments in Capital of Financial Entities Exceeding the Deduction Threshold of Ordinary Share Capital of the Financial Entity 2,480 46,500 *Other Securities 1,000 Securities Purchased or Lent Under Repurchase Agreements 500,000 Public Credit (5,000) *Provision for Credit Losses 20 (500) Of Which: Group-Wide Provision for Credit Losses Included in Tier 2 (4,500) Of Which: Provision for Credit Losses Not Included in Regulatory Capital 495,000 Net Public Credit 10,000 *Intangible Assets and Goodwill 6 5,000 Goodwill 7 5,000 Other Intangible Assets 20,000 Assets from Derivative Instruments 66,200 *Other Assets

2,000 Deferred Tax Assets
9 1,000 Of Which: Deferred Tax Assets Other Than Those Attributed to Timing Differences 8 (1000) Of Which: Liability for Deferred Tax on Intangible Assets 2,000 Other Deferred Tax Assets 12 1,200 Of Which: Provision for Defined Benefit Plans 63,000 *Other Assets 666,180 Total Assets

Liabilities and Equity
435,180 Public Deposits
10,000 *Subordinated Liabilities and Debentures

Subordinated Liabilities Not Recognized as Regulatory Capital
10,000 Subordinated Liabilities Recognized as Regulatory Capital 18a 9,000 Of Which: Eligible as Regulatory Capital Components 18b 1,000 Of Which: Not Eligible as Regulatory Capital Components (Subject to Transition Provisions) 55,000 *Liabilities from Derivative Instruments 11 200 Of Which: Liability for Own Credit Risk 114,000 Other Liabilities 13 200 Of Which: Liability for Deferred Tax on Pensions 614,180 Total Liabilities

51,100 *Own Equity Attributable to Shareholders of the Banking Entity 45,600 Ordinary Share Capital 1 20,000 Of Which: Ordinary Share Capital 3 26,000 Of Which: Surplus 4 (500) *Of Which: Accumulated Other Comprehensive Loss 10 (150) Of Which: Net Losses from Cash Flow Hedging (350) Of Which: Net Losses from Translation Adjustments in Financial Statements 2 100 Of Which: Capital Reserves 4,500 Preferred Share Capital 15a 4,000 Of Which: Eligible as Regulatory Capital Components 15b 500 Of Which: Not Eligible as Regulatory Capital Components (Subject to Transition Provisions) 1,000 Other Equity Instruments 16a 900 Of Which: Eligible as Regulatory Capital Components 16b 100 Of Which: Not Eligible as Regulatory Capital Components (Subject to Transition Provisions) 900 *Non-Controlling Interests 5 500 Of Which: Non-Controlling Interests Attributable to Common Equity Tier 1 17 50 Of Which: Non-Controlling Interests Attributable to Additional Tier 1 19 50 Of Which: Non-Controlling Interests Attributable to Tier 2 300 Of Which: Non-Controlling Interests Not Attributable to Regulatory Capital 52,000 Total Equity 666,180 Total Liabilities and Equity

Step: Mapping of Components Presented in Step 2 for the Purpose of Presenting Regulatory Capital Composition
To clarify how the entity calculated the Regulatory Capital Components, the Regulatory Capital Components must be presented with reference to Step 2:

Regulatory Capital Components of the Banking Entity As of 31.12.20X0, in millions of New Shekels

Instruments and Surplus: Common Equity Tier 1 Capital Reference from Step 2

Ordinary Share Capital Issued by the Banking Entity and Premiums

Ordinary Shares Included in Common Equity Tier 1
1+2 20,100
Surplus, including dividends declared or proposed after the balance sheet date
3 26,000
Retained Earnings Including Other Comprehensive Income Disclosed
4 (500)
Instruments Eligible for Inclusion in Common Equity Tier 1 Capital During the Transition Period
0
Ordinary Shares Issued by Banking Entity Subsidiaries Held (Minority Interests)
5 500
Common Equity Tier 1 Capital Before Regulatory Adjustments and Deductions
46,100

Regulatory Adjustments and Deductions: Common Equity Tier 1 Capital

Provision/Adjustments for Stability Assessment 6 5,000
7. Goodwill, Deferred Tax Assets Deductible, Intangible Assets Other Than Mortgage Servicing Rights
7-8 4,000
8. Intangible Assets Other Than Mortgage Servicing Rights
9. Deferred Tax Assets Arising From Timing Differences (Except Those Based on Future Profitability of the Banking Entity)
9 1,000
10. Amount of Other Comprehensive Income Not Items of Cash Flow Hedging Presented at Fair Value in the Balance Sheet
10 -150
11. Negative Gap (Shortfall) Between Expected Loss Provisions
12 0
12. Increase in Own Capital Arising from Hedging Transactions
13 0
13. Unrealized Gains and Losses Resulting from Changes in Fair Value of Liabilities, in addition to adjustments relating to the Banking Entity's Own Credit Risk (DVA) Arising from Derivative Instruments and Liabilities
11 200
14. Liability for Deferred Tax on Intangible Assets
15. Provision for Defined Benefit Plans, If the Asset Would Be Reduced or Impaired in Accordance with Disclosure Requirements
12-13 1,000
15. Direct or Indirect Holdings of Own Ordinary Shares, Including Commitments to Purchase Shares (Contractual Agreements)
16 0
16. Cross-Holdings of Ordinary Shares of Financial Institutions
17 0
17. Investments in Capital of Non-Financial Entities Included in Consolidated Public Disclosures, When the Banking Entity's Holding Exceeds 10% of the Ordinary Share Capital of the Financial Entity
14 1,000
18. Investments in Capital of Non-Financial Entities Included in Consolidated Public Disclosures, When the Banking Entity's Holding Exceeds 10% of the Ordinary Share Capital of the Financial Entity
19 0
19. Mortgage Servicing Rights Exceeding 10% of Common Equity Tier 1 Capital
20 0
20. Deferred Tax Assets Arising From Timing Differences Exceeding 10% of Common Equity Tier 1 Capital
21 0
21. Deferred Tax Assets Arising From Timing Differences, Mortgage Servicing Rights, and Investments Exceeding 10% of Ordinary Share Capital Issued by Financial Entities and Investments Exceeding 15% of Common Equity Tier 1 Capital of the Banking Entity
15 0
22. Investments Exceeding 10% of Ordinary Share Capital Issued by Financial Entities: Of Which
23 0
23. Mortgage Servicing Rights: Of Which
24 0
24. Deferred Tax Assets Arising From Timing Differences: Of Which
25 0
25. Additional Regulatory Adjustments and Deductions Established by the Superintendent of Financial Institutions: Of Which
26 0 a.26. Investments in Capital of Financial Entities: Of Which 0 b.26. Mortgage Servicing Rights: Of Which 0 c.26. Additional Regulatory Adjustments for Common Equity Tier 1: Of Which 0
26. If Capital Is Insufficient to Cover Deductions Applied to Common Equity Tier 1 Before Additional Tier 1 and Tier 2 Capital
27 0
27. Total of All Regulatory Adjustments and Deductions for Common Equity Tier 1 Capital
12,050
28. Common Equity Tier 1 Capital
34,050

Additional Tier 1 Capital Instruments

Additional Tier 1 Capital Instruments Issued by the Banking Entity and Premiums 30 4,900
30. Classified as Equity for Disclosure Purposes: Of Which
15a+16a 4,900
31. Classified as Liability for Disclosure Purposes: Of Which
32 0
32. Instruments Eligible for Inclusion in Additional Tier 1 Capital During the Transition Period
15b+16b 600
33. Additional Tier 1 Capital Instruments Issued by Banking Entity Subsidiaries Held (Side 'G' Investors)
17 50
34. Additional Tier 1 Capital Instruments Issued by Banking Entity Subsidiaries Held (Side 'G' Investors): Of Which
0
35. Additional Tier 1 Capital Before Deductions
5,550

Additional Tier 1 Capital Deductions

Own Investments in Instruments Included in Additional Tier 1 Capital Held Directly or Indirectly, Including Commitments to Purchase Instruments (Contractual Agreements) 37 0
36. Cross-Holdings of Instruments Included in Additional Tier 1 Capital
38 0
37. Investments in Capital of Non-Financial Entities Included in Consolidated Public Disclosures, When the Banking Entity's Holding Does Not Exceed 10% of the Ordinary Share Capital of the Financial Entity
39 0
38. Investments in Capital of Non-Financial Entities Included in Consolidated Public Disclosures, When the Banking Entity's Holding Exceeds 10% of the Ordinary Share Capital of the Financial Entity
40 0
39. Additional Deductions Established by the Superintendent of Financial Institutions: Of Which
41 0 a.41. Investments in Capital of Financial Entities: Of Which 0 b.41. Additional Deductions for Additional Tier 1 Capital: Of Which 0
40. If Capital Is Insufficient to Cover Deductions Applied to Additional Tier 1 Before Tier 2 Capital
42 0

(8/13) [1] Disclosure Requirements for Banks: Implementation of Basel III Pillar 3 Disclosure Requirements - Section 694A – 38 'Page

107 - 699 'Page Key Updates

Updates to Circular No. 06-2390 dated 23/8/2013 regarding Basel’s Disclosure Requirements Concerning Composition of Capital

Page to Insert | Page to Remove
*(8/94) [7] 610-1 (8/94) [7] 610-1
(8/13) [3] 611-1 (10/11) [2] 611-1
(8/13) [16] 669-42 (4/11) [15] 669-42
*(5/06) [11] 669-43 (5/06) [11] 669-43
(8/13) [1] 674-1-20 -----
(8/13) [15] 680-18 (10/10) [14] 680-18
(8/13) [2] 681-1 (1/10) [1] 681-1
(8/13) [2] 691A1-1 (1/10) [1] 691A1-1
(8/13) [5] 691F-21 (4/11) [4] 691F-21
*(9/07) [2] 691F-22 (9/07) [2] 691F-22
*(3/08) [2] 691G-11 (3/08) [2] 691G-11
(8/13) [3] 691G-11.1 (10/10) [2] 691G-11.1
(8/13) [2] 691G1-1 (1/10) [1] 691G1-1
(8/13) [3] 694A-1-6 (10/09) [2] 694A-1-6
(8/13) [4] 694A-7 (3/10) [3] 694A-7
(8/13) [3] 694A-8-10 (10/09) [2] 694A-8-10
(8/13) [3] 694A-11-18 (3/11) [2] 694A-11-18
(8/13) [2] 694A-19-21 (3/11) [1] 694A-19-21
694A-22-39 ----- (8/13) [1]
*(6/13) [1] 699-106 (6/13) [1] 699-106
(8/13) [1] 699-107 -----

(8/13) [1] Reporting Requirements for Banks:

Under Basel’s Disclosure Requirements - Section 694A-39, to cover deductions on Tier 1 capital:

Tier 1 Capital Additions:
43. Total of all deductions: 5,550
44. Tier 1 Capital Additions: 39,600

Tier 2 Capital Additions:
45. Instruments issued by the banking entity that are not included in Tier 1 capital (including premiums on these instruments): 18a 9,000
46. Tier 2 Capital instruments issued by the banking entity during the transitional supervisory period: 18b 1,000
47. Tier 2 Capital instruments issued by subsidiaries of the banking entity ('Side C' investors): 19 50
48. Tier 2 Capital instruments issued by subsidiaries of the banking entity and held by 'Side C' investors, gradually reduced from Tier 2 capital: 0
49. Provisions for group-wide credit losses according to the applicable tax effect: 20 500

Tier 1 Capital before deductions: 10,550

Tier 2 Capital Deductions:
50. Direct or indirect holdings of the banking entity in its own instruments (including commitments to acquire instruments subject to contractual agreements): 0
51. Reciprocal cross-holdings in instruments of financial entities: 0
52. Investments in capital of non-financial entities not included in consolidated financial statements, when the banking entity holds more than 10% of the ordinary share capital issued by the financial entity: 0
53. Investments in capital of non-financial entities not included in consolidated financial statements, when the banking entity holds more than 10% of the ordinary share capital issued by the financial entity: 0

Deductions determined by the Superintendent for Banks:
54. Investments in capital of financial entities: 0
55. Additional deductions for Tier 2 capital: 0

Total of all deductions on Tier 2 capital: 56
Tier 2 Capital: 57
Total Capital: 58

50,150

Basel III Disclosure Requirements Concerning Composition of Capital

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