ILS - 4Q2015 net profit of ILS 586m ( $150m ), up from ILS 487m ( $125m ) YoY, however it fell below expectations. The bank's core Tier 1 capital ratio to risk-weighted assets in Basel III terms rose to 9.63% at the end of 2015 from 9.29% YoY ; the bank's board has also approved a dividend of ILS 117 m ( 487m ) Net financing income fell to 2.11 billion shekels from 2.15 billion, while its provision for credit losses was 147 million shekels versus 363 million a year earlier. for 2015 , a distribution of 9.29% of 2015 annual net profit to bring the total for annual to ILS 616 m ( $158m ).
ILS - 4Q2015 net profit of ILS 586m ( $150m ), up from ILS 487m ( $125m ) YoY, however it fell below expectations. The bank's core Tier 1 capital ratio to risk-weighted assets in Basel III terms rose to 9.63% at the end of 2015 from 9.29% YoY ; the bank's board has also approved a dividend of ILS 117 m ( 487m ) for 2015 , a distribution of 9.29% of 2015 annual net profit to bring the total for annual to ILS 616 m ( $158m ).