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 to launch app with services in English
The new version of the bank's app with an option of English is expected to launch next week.
Israeli bank Visa, United Airlines announce new credit card in Israel
The new credit card will come with a variety of incentives and benefits.
CEOs of Israel's biggest banks warn of fallout from judicial reforms
"We call from here to the leaders of the state of Israel - stop, talk and reach agreements," said Bank Hapoalim CEO, Dov Kotler.
No interest - editorial
Banks are posting record profits while taking advantage of their users.
Don’t bank on it - opinion
TV advertisements for banks in Israel deal with marginal trivialities in an age of economic confusion.
Israeli, foreign investors lose millions as Bank Leumi shares drop
In early May, Leumi announced that it recorded a loss of around NIS 1 billion due to its investment in Valley National.
Quds Day cyberattack strikes Israeli banks, red alert app
The "Anonymous Sudan" hacker group, which carried out cyberattacks on Israeli sites earlier this month, took responsibility for the Quds Day attacks.
Israel stocks slip on SVB failure, government vows aid for tech firms
Israel's tech sector is the country's main growth engine and its relationship with the Silicon Valley region is strong. Many Israeli startups had accounts at SVB although the amounts are unconfirmed.
Heads of Israel's banks join call to support president's initiative
The bankers fear a wave of withdrawals and the negative effect a unilateral activation of the judicial reforms will have on the economy and on Israel's international standing.
Bank shares lose NIS 6.5b. in a day amid judicial reform controversy
The reason for the declines was the reports at the end of the week about deposit holders withdrawing money from the banks
