Bank Leumi

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.”

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.

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

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. 

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In contrast to recent years, the shekel-dollar rate is likely to hover around NIS 3.30 for the near future, according to Bank Leumi analysts.

International credit rating agencies want to see Israel form a stable government, but they won't rush to reduce the credit rating of the country leading the world in vaccinations, Hapoalim said.

Will lend the Gihon Water and Sewage Corporation and its subsidiary Mabati NIS 450 million in a syndication transaction, out of a total cost of NIS 830 million for the entire project

Shmulik Arbel, an executive at Bank Leumi, said the collaboration might influence other countries to follow suit on normalization.