Organization

Bank Leumi

Israeli-media coverage mentioning Bank Leumi, translated into English and compared across sources. 48 recent stories.

Economy18 hours ago

July Inflation Data Signals Rising Costs Amid Israel's Economic and Security Challenges

Israel's July inflation data, to be released today, signals rising inflation amid escalating defense spending and economic challenges. Prime Minister Netanyahu prioritizes securit…

July Inflation Data Signals Rising Costs Amid Israel's Economic and Security Challenges
Economy1 day ago

Bank of Jerusalem Denies Embezzlement Rumors Amid Market Fluctuations

Bank of Jerusalem denied recent embezzlement rumors after an internal review found no irregularities, calming initial stock declines. Israeli banks have implemented strict control…

Bank of Jerusalem Denies Embezzlement Rumors Amid Market Fluctuations
Economy1 day ago·3 outlets

Bank Leumi to Offer Cryptocurrency Trading to Customers Starting 2027

Bank Leumi will become Israel's first bank to offer cryptocurrency trading to customers through a partnership with Galaxy Digital, starting in early 2027 pending regulatory approv…

Bank Leumi to Offer Cryptocurrency Trading to Customers Starting 2027
Economy2 days ago·2 outlets

Bank of America Upgrades Leumi Shares Citing Strong Q2 Results and Resilient Margins

Bank of America upgraded Bank Leumi to a buy with a 24% premium target after the bank posted a strong Q2 net profit of 2.8 billion shekels and resilient margins. Analysts praised…

Economy2 days ago

Apple’s Market Value Hits $5 Trillion Despite Minimal AI Investment

Apple, known for its conservative approach, has reached a $5 trillion market value despite minimal AI investment and avoiding major layoffs. Analyst Nir Orgad explains Apple’s str…

Economy2 days ago·2 outlets

Discount Bank Reports 8% Profit Rise to 1.2 Billion Shekels Amid Staff Cuts

Discount Bank posted a 7.9% profit increase to 1.2 billion shekels in Q2 2024, with a 14% ROE. The bank plans to cut 600 employees by 2026 and pay a 40% dividend. Credit growth wa…

Discount Bank Reports 8% Profit Rise to 1.2 Billion Shekels Amid Staff Cuts
Economy2 days ago

Israel’s Child Savings Program Sees Shift From Banks to Investment Funds After 2025 Regulation Change

Israel’s "Savings for Every Child" program has accumulated over 25 billion shekels since 2015, with a 2025 regulation enabling transfers from banks to investment funds causing a m…

Israel’s Child Savings Program Sees Shift From Banks to Investment Funds After 2025 Regulation Change
Economy2 days ago·2 outlets

Bank Leumi CEO Drops Stock Options After Regulator Ban on Subsidiary-Based Bonuses

Bank Leumi decided not to grant CEO Hanan Friedman stock options tied to its subsidiary Leumi Partners after the Bank of Israel banned linking executive pay to single subsidiaries…

Economy2 days ago·5 outlets

Bank Leumi Reports 2.8 Billion Shekel Net Profit in Q2 2026 with Strong Credit Growth

Bank Leumi reported a net profit of 2.8 billion shekels in Q2 2026, driven by strong credit growth and operational efficiency. The bank's return on equity reached 16.3%, with cred…

Security2 days ago

Man Charged with Destroying 26 ATMs Across Israel in Two Weeks

A 40-year-old man from Samaria is charged with destroying 26 ATMs across Israel within two weeks, causing 1.5 million shekels in damage. He was arrested after being caught on secu…

Economy3 days ago

Tel Aviv Stock Exchange Opens Amid US-Iran Uncertainty and Strong AI Earnings

The Tel Aviv Stock Exchange opened with cautious optimism amid US-Iran tensions and strong AI earnings reports. Israeli banks reported mixed quarterly results, while oil prices hi…

Economy3 days ago·2 outlets

Cal Credit Card Company Appoints Former MaccabiDent CEO and Bank Leumi Executive to Leadership

Cal credit card company appointed Tony Cohen as deputy CEO and Zoharit Yogev as vice president, pending Bank of Israel approval. Cohen replaces Lital Wexler, and Yogev replaces Od…

Economy3 days ago·2 outlets

Stable Trading Marks Summer Lull on Israeli Stock Exchange Amid Bank Earnings Reports

Israel's stock market shows relative calm amid easing uncertainties and stable semiconductor sector, while major banks report earnings this week. High US Treasury yields and upcom…

Stable Trading Marks Summer Lull on Israeli Stock Exchange Amid Bank Earnings Reports
Economy4 days ago

Sela and Menivim REITs Shift Focus Amid Office Market Challenges

Sela Real Estate and Menivim REIT improved Q2 2026 financials despite office market struggles, expanding into retail and logistics sectors. Sela acquired a mall in Kfar Saba, whil…

Economy4 days ago

Israeli Banks Slow to Pass Interest Rate Cuts to Depositors Despite Rate Drop

Despite the Bank of Israel lowering interest rates in July 2023, Israeli banks have been slow and cautious in passing these cuts to depositors, maintaining higher loan rates and m…

Security4 days ago

Sophisticated Scam Targets Israeli Homebuilders and Developers with Fake Municipal Payment Demands

Israeli citizens and developers face a growing scam involving fake municipal payment demands for building permits, with victims losing tens of thousands to millions of shekels. Po…

Security5 days ago

New Phishing Scam Uses Sarit Hadad's Name to Steal Bank Details

A phishing scam impersonating Israeli singer Sarit Hadad offers fake concert tickets to steal personal and banking information from victims through a fraudulent website and OTP re…

EconomyAug 7, 2026

Tel Aviv Stock Exchange Awaits Weekly Close After Wall Street Declines

The Tel Aviv Stock Exchange is opening after Wall Street's negative session, with the TA-35 and TA-125 indices down for the week. U.S. Treasury yields rose, oil prices climbed, an…

Tel Aviv Stock Exchange Awaits Weekly Close After Wall Street Declines
EconomyAug 6, 2026

Ilan Brook to Step Down as CEO of HOT Mobile Following Sale Completion

Ilan Brook, CEO of HOT Mobile, will step down after seven years as CEO and 15 years with HOT Group, remaining until the sale to Delek Israel, Keystone Capital, and Bank Leumi is c…

SecurityAug 6, 2026

Israeli Settler Yinon Levi Indicted for Reckless Manslaughter in South Hebron Incident

Yinon Levi, an Israeli settler contractor, was indicted for reckless manslaughter after ordering unauthorized roadwork on private land in southern Mount Hebron, which led to a vio…

EconomyAug 6, 2026

Yaakov Finance Reports Record Profit and Expands Credit Portfolio Beyond 3.35 Billion Shekels

Yaakov Finance, founded by Shaul Navi in 2022, reported a record net profit of 24.1 million shekels and expanded its credit portfolio beyond 3.35 billion shekels. The company decl…

EconomyAug 6, 2026

Manor Evergreen Acquires 30% Stake in Argil Group Valued at 300 Million Shekels

Manor Evergreen has acquired a 30% stake in Argil Group for 300 million shekels, with an option to increase to 40%. Argil, founded in 1993, operates across the infrastructure mate…

EconomyAug 5, 2026

Bank of Israel Enables Israeli Banks to Report Under US GAAP, Opening Door to Wall Street Listings

The Bank of Israel has proposed allowing Israeli banks to report financials under US GAAP, facilitating dual listings on Wall Street. This change could attract more foreign invest…

EconomyAug 5, 2026·2 outlets

Israeli Competition Authority Approves HOT Mobile Sale Valued at 1.8 Billion Shekels

The Israeli Competition Authority approved the sale of HOT Mobile for 1.2 billion shekels, valuing the company at 1.8 billion shekels. The deal, involving Delek Israel, Keystone F…

EconomyAug 5, 2026

Israeli Bank Stocks Surge in July Ahead of Earnings Reports

Israeli bank stocks rallied sharply in July, led by Mizrahi Tefahot and Bank Hapoalim International, ahead of second-quarter earnings reports starting next week. The surge reflect…

EconomyAug 5, 2026

Mizrahi Tefahot Bank Invests NIS 99 Million in Waste Management Company Mafaat

Mizrahi Tefahot Bank invested NIS 99 million in Mafaat, a waste management company, aiming to support its growth and public listing within five years. The deal includes options fo…

SecurityAug 4, 2026

Israeli Homeowners Sue Banks and Land Registry Over Fake Mortgage Fraud in Netanya

Israeli siblings living in Germany sued banks and the Netanya Land Registry for negligence after imposters used stolen IDs to fraudulently mortgage their apartment for two million…

EconomyAug 3, 2026

Most Israelis Hesitate to Switch Banks Despite Easy Online Transfers and Financial Benefits

Despite extensive price comparisons in other areas, most Israelis rarely switch banks, often due to low financial literacy and psychological barriers. The 2021 "Switch in a Click"…

EconomyAug 2, 2026

Israeli Banks Lose Majority Control of National Payment Clearing Center Board

Israel's largest banks have lost majority control of the Bank Clearing Center's board, replaced by fintech and digital bank representatives as part of a regulatory effort to boost…

EconomyAug 2, 2026

Prime Energy Partners with Delek Properties to Build Distributed Data Center Energy Storage in Israel

Prime Energy, led by Yaron Kikoz, signed a major deal with Delek Properties to build energy storage and data centers at gas stations across Israel, leveraging existing electrical…

Prime Energy Partners with Delek Properties to Build Distributed Data Center Energy Storage in Israel
EconomyJul 31, 2026

Tel Aviv Stock Exchange Opens Amid Trump’s Hamas Disarmament Announcement and Wall Street Gains

The Tel Aviv Stock Exchange opened amid U.S. President Trump's announcement of a Hamas disarmament deal and positive Wall Street gains. Trump said Israeli forces would withdraw fr…

Tel Aviv Stock Exchange Opens Amid Trump’s Hamas Disarmament Announcement and Wall Street Gains
EconomyJul 30, 2026

Bond Yields Rise Sharply While Corporate Spreads Remain Low Amid Middle East Tensions

Bond yields have risen sharply due to Middle East tensions driving oil prices up and inflation fears, while corporate bond spreads remain low. This dynamic increases borrowing cos…

Bond Yields Rise Sharply While Corporate Spreads Remain Low Amid Middle East Tensions
EconomyJul 29, 2026

Bank Leumi Building in Kiryat Shmona Sold for 5.4 Million Shekels Despite Missile Damage

The Bank Leumi building in Kiryat Shmona, damaged by a missile during recent conflict, sold for 5.43 million shekels to a local businessman. Despite a 50% value drop, the buyer se…

Bank Leumi Building in Kiryat Shmona Sold for 5.4 Million Shekels Despite Missile Damage
TechJul 29, 2026

Israeli AI Firm Encore AI Raises $30 Million Led by Client-Investors to Expand Global Reach

Israeli AI startup Encore AI raised $30 million in a Series A round led by client-investors to expand its patented platform that enhances customer interactions through AI agents…

Israeli AI Firm Encore AI Raises $30 Million Led by Client-Investors to Expand Global Reach
EconomyJul 28, 2026·2 outlets

Electra, Menarv, and Alstom Secure $9.6 Billion Funding for Haifa-Nazareth Light Rail Project

Electra, Menarv, and Alstom have finalized a 9.6 billion shekel financing deal for the Haifa-Nazareth light rail project, enabling full construction to begin. The 41-kilometer lin…

Electra, Menarv, and Alstom Secure $9.6 Billion Funding for Haifa-Nazareth Light Rail Project
EconomyJul 28, 2026

Israeli Banks Struggle With Public Trust Despite Strong Profits and Advertising Efforts

Israeli banks have boosted advertising to improve their image but still face low public trust due to high loan costs and low deposit rates. Despite a large tax imposed to aid the…

Israeli Banks Struggle With Public Trust Despite Strong Profits and Advertising Efforts
SecurityJul 27, 2026

Israeli Competition Authority Probes WhatsApp Chats on Bank Association CEO Replacement

Israeli Competition Authority Probes WhatsApp Chats on Bank Association CEO Replacement
SecurityJul 27, 2026

AI Advances Fuel Surge in Sophisticated Phishing Scams Targeting Israeli Consumers

Phishing scams in Israel are escalating with AI advancements, using fake payment requests and impersonations to steal personal data. Companies like Israel Electric Corporation and…

AI Advances Fuel Surge in Sophisticated Phishing Scams Targeting Israeli Consumers
EconomyJul 26, 2026

Strong Shekel Signals Strategic and Economic Challenges for Israel

Israel's strong shekel reflects its economic and strategic strengths but also poses risks to exporters and innovation vital for national security. The Bank of Israel's recent $30…

Strong Shekel Signals Strategic and Economic Challenges for Israel
EconomyJul 24, 2026

Nofar Energy Negotiates $1.8 Billion Deal for Stake in Reindeer Power Plant Project

Nofar Energy is negotiating to buy a 47.5% stake in the Reindeer power plant project for 855 million shekels, valuing the project at 1.8 billion shekels. The project is an 865 MW…

Nofar Energy Negotiates $1.8 Billion Deal for Stake in Reindeer Power Plant Project
EconomyJul 23, 2026·1 outlets

Bank of Israel Blocks CEO Stock Option Plan Tied to Subsidiary Performance

The Bank of Israel has prohibited Bank Leumi from linking CEO Hanan Friedman's stock options to the performance of its subsidiary Leumi Partners, requiring the bank to revise the…

Bank of Israel Blocks CEO Stock Option Plan Tied to Subsidiary Performance
EconomyJul 22, 2026

S&P Warns Israel Banks Face Profit Pressure as Cheap Deposits Decline

S&P warns that Israeli banks face profitability challenges as cheap household deposits decline and institutional deposits rise, increasing funding costs. Banks are diversifying fu…

S&P Warns Israel Banks Face Profit Pressure as Cheap Deposits Decline
EconomyJul 21, 2026

Bank Hapoalim Faces Major Layoffs Amid Labor Disputes and Efficiency Drive

Bank Hapoalim plans early retirement for nearly 60 mid-level managers as part of a wider staff reduction amid labor disputes and efficiency efforts. Despite strong profits, tensio…

Bank Hapoalim Faces Major Layoffs Amid Labor Disputes and Efficiency Drive
EconomyJul 21, 2026

Bank Hapoalim Sells Its 20% Stake in Israeli Consumer Credit Firm Blender Pay

Bank Hapoalim is selling its 20% stake in Blender Pay, a consumer credit firm in Israel, prompting Blender's controlling family to consider buying the stake or finding a new inves…

Bank Hapoalim Sells Its 20% Stake in Israeli Consumer Credit Firm Blender Pay
EconomyJul 19, 2026·1 outlets

Bank of Israel Plans Limits on Senior Bank Executives’ Variable Pay After Leumi CEO Option Program

The Bank of Israel is set to impose new limits on senior bank executives’ variable pay after Bank Leumi CEO Hanan Friedman received stock options tied to a subsidiary’s performanc…

PoliticsJul 19, 2026·2 outlets

Israeli Banks Consider Replacing Banking Association CEO Eitan Madmon Following WhatsApp Leak

Israeli banks are considering replacing Eitan Madmon as CEO of the Banking Association after a leaked WhatsApp conversation revealed internal discussions. The move comes amid crit…

Israeli Banks Consider Replacing Banking Association CEO Eitan Madmon Following WhatsApp Leak
SecurityJul 17, 2026

Barak Abramov Addresses Criminal Attacks on Japanika Chain and Reveals Call with Minister Ben Gvir

Barak Abramov, owner of the Japanika restaurant chain, denied criminal ties amid attacks on nine branches and revealed a call with National Security Minister Itamar Ben Gvir and p…

Barak Abramov Addresses Criminal Attacks on Japanika Chain and Reveals Call with Minister Ben Gvir
EconomyJul 16, 2026

South Korea's Kospi Index Drops 20% Amid High Expectations for Chip Giants Samsung and SK Hynix

South Korea's Kospi Index Drops 20% Amid High Expectations for Chip Giants Samsung and SK Hynix