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.

Co-founders and owners of Profit Financial Group, Shlomi Elberg and Assaf Banai.
Maya Eisen Zafrir, CEO of LeumiTech

Despite the war: Israeli high-tech opens 2026 with approximately $3.1 billion in funding

Chairman of the Board of Bank Leumi, Uri Alon

“The human capital of Israel’s economy is what continues to drive its growth”

Branch of Bank Leumi

Bringing a banker to your at home


Wanted: Chairman of the board for Bank Leumi, Discount

Surprisingly, the meeting of the shareholders in Bank Mizrahi Tefahot extended Moshe Vidman's term as chair of the bank for another year.

Bank Leumi

New record? Bank profits in Israel spike by 30%

The five largest banks in Israel earned NIS 6.1 billion in the third quarter, 30% more compared to the same period last year. 

 The logo of Bank Hapoalim, Israel's biggest bank, is seen at their main branch in Tel Aviv, Israel July 18, 2016.

Israel's Bank Leumi interested in Saudi investments

The presence of Bank Leumi at the kingdom's flagship investment event suggested this marked another gesture by Riyadh towards warmer ties with Israel

 Flags of Saudi Arabia and Israel stand together in a kitchen staging area as US Secretary of State Antony Blinken holds meetings at the State Department in Washington, US, October 14, 2021.

Top Israeli bank chairman to speak at Saudi investment event

The chairman of Israel's Bank Leumi is due to speak at Saudi Arabia's flagship investment conference in Riyadh.

 Participants watch the opening ceremony of the Future Investment Initiative (FII) conference on a digital screen in the lobby of the Exhibition and Conference Center at the Ritz Carlton Hotel, in Riyadh, Saudi Arabia, October 25, 2022.

Which is the cheapest bank in Israel when it comes to transaction fees?

Bank of Israel data revealed that Mizrahi Tefahot charges the highest commission for transactions through a teller.

 A man uses an ATM at Bank Mizrahi-Tefahot in Tel Aviv, Israel November 22, 2021. Picture taken November 22, 2021.

Rakefet Russak-Aminoach on the digital banking transformation

I would say that Israel became the cyber nation, it became FinTech nation, it became the FinTech hub — no less than Silicon Valley, or New York or London,” said Russak-Aminoach.

 Rakefet Russak-Aminoach, Managing Partner of Team8 at the Jerusalem Post Conference in New York, September 12, 2022

Housing prices won't drop without elimination of bureaucracy - Bank Leumi CEO

Bank Leumi CEO Hanan Friedman: "The growth rate in the economy is indeed expected to decline, but no recession is expected. We’re still a long way from there.”

 Illustration photo of the new 100 Israeli Shekel bill. December 31, 2017.

Repercussions of Israeli banks closing down branches and moving online - opinion

The closure of branches and live services has caused thousands of bank employees to be fired, and many of them have difficulty finding suitable alternative employment.

  ‘I ACCIDENTALLY tore a NIS 200 banknote, and was unable to paste it together again.’

Leumi to sell Tel Aviv HQ for NIS 350m

The building also has 200 parking spaces in four underground floors.

Israelis walk past a branch of Bank Leumi in Tel Aviv

Israeli banks and insurance companies canceling events due to Omicron

Bank Leumi is not the only one operating in the spirit of the times. This year, Bank Hapoalim also held its annual event for customers under coronavirus restrictions. 

Pedestrians are reflected in the windows of a branch of Bank Leumi, Israel's second-largest lender, in Tel Aviv, Israel