Bank Leumi
Leumi, Shestovitz take stakes in Profit Finance Group with NIS 670 million investment
Leumi Partners and Shestovitz Properties acquired NIS 670M in Profit Finance Group, which manages NIS 100B. Founders Elberg and Banai retain control after a massive valuation leap since 2021.
Despite the war: Israeli high-tech opens 2026 with approximately $3.1 billion in funding
“The human capital of Israel’s economy is what continues to drive its growth”
Bringing a banker to your at home
Bank Leumi concludes first quarter of 2024 with net income of approximately NIS 2.8 billion
Leumi continues to focus on growing its corporate, commercial, and mortgage credit portfolios.
Bank Leumi to open National Infrastructures department
In the past few years, Bank Leumi led the financing of a number of prominent projects including the Purple Line of the Tel Aviv Light Rail.
Bank Leumi to lead financing of Jerusalem light rail blue line
The Blue Line project in Jerusalem includes the construction of tracks for three light rail lines 31 kilometers long from the Gilo and Talpiot neighborhoods in the city’s south to Ramot in the north.
Natural gas is an example of strategic relationships that endure despite geopolitical turmoil
New-Med Energy's CEO spoke at the Maariv-Walla Conference with Ben Caspit about the strong business relations we have with Cairo.
Bank Leumi extends telephone service hours to Saturday evening as well
Bank Leumi extends telephone service hours to Saturday evening, providing assistance all days of the week, even on Saturday nights - a first in Israeli banking.
Israeli startups raised $1.6 billion in the first quarter, up 10% from previous quarter
Leumitech and IVC data provider, have published the first data from the Tech Review report for the first quarter of 2024.
Bank Leumi president & CEO: 'The government must eliminate unnecessary bureaucracy'
“We all hope that the effects of the war will be short-lived and that the economic rebound that will follow will be significant," said Bank Leumi President & CEO Hanan Friedman.
Israeli banks heed US anti-settler sanctions, far-right ministers object
The sanctions follow the US imposition of travel visa bans in December on people involved in violence in the West Bank.
Major Israeli banks to pay millions in fines due to poor service
Bnak Leumi and Bank Hapoalim each have to pay NIS 1 million, Isracard must pay out NIS 250,000.
Bank Leumi freezes account of Israeli sanctioned by US
According to the State Department, Levi led a group of settlers who created an atmosphere of fear in the West Bank.
