Bank Leumi Representatives Meet Business Owners in AI Course

Representatives from Bank Leumi visited the Bizmax complex in Jerusalem this week to meet with business owners participating in an artificial intelligence course run by De-School, Bizmax's business school. The visit included Eli Azulai from Bank Leumi and Yisrael Dekelbaum, who manages the bank's operations within the Haredi community. They engaged with the entrepreneurs, learning about their businesses and challenges, and observed how they integrate AI tools into their operations. The AI course provides practical skills in areas such as research, marketing, content creation, business development, and automation, as part of Bizmax's growth program for business owners aiming for planned, professional, and data-driven management.

A central part of the visit was a lecture by Eli Azulai on maintaining a healthy relationship between a business and its bank. The talk focused on general principles for business clients, including avoiding credit limit overages, documenting agreements in writing, fostering consistent personal relationships with bank managers, early communication about difficulties, and judicious use of leverage based on cash flow and repayment capacity. Azulai emphasized that a strong bank-business relationship requires ongoing familiarity, transparency, and a clear business overview to facilitate professional dialogue.

The lecture sparked significant interest, with participants asking practical questions about when to approach a bank, how to present credit needs, what to summarize after meetings, and how to differentiate between leverage that supports growth and obligations that could burden the business.

Yisrael Dekelbaum stated that direct interaction with business owners allows the bank to understand their needs and provide knowledge and tools for sound business practices, highlighting the partnership with Bizmax as a connection between banking professionals and quality business owners seeking development.

Bizmax commented that business owners must now manage both new efficiency and growth tools alongside responsible financial management, including cash flow, credit, and bank relations. They noted that the partnership with Bank Leumi offers participants direct insights from banking professionals, providing actionable tools for immediate implementation.