Banking Groups

Criteria
by shareholders’ equity; the secondary ranking is by net profit.

Companies included are companies whose independent activities represent less than 25% of their income and the holding in the company when consolidated is above a rate of 25% with a trend towards control.

Consolidating Companies in Data
Subsidiaries are defined according to the Institute of Certified Public Accountants in Israel, opinion 57. In the event that the rate of holding is 50% and neither side has control of the company then financial statements will be consolidated according to a rate of 50% (that is to say in a relative manner).