Underwriting market recovery: 200% growth in Poalim IBI's earnings

Underwriting market recovery evident in Poalim IBI's, one of the largest underwriting firms in the market, financial reports. Poalim IBI earned NIS 4.6 million per quarter - a jump of nearly 200% over 2012 second quarter. Following its earnings, the company announced  NIS 4.5 million dividend.

During the second quarter Poalim IBI participated in 30 IPOs, from which it made NIS 7.8 million income - a jump of 73% over 2012 corresponding quarter.

TheMarker