Bank Leumi

Bank Leumi is an Israeli bank. It was started on February 27, 1902, in Jaffa as the Anglo Palestine Company. It was a branch of the Jewish Colonial Trust Limited, which was started in London by members of the Zionist movement to help develop the industry, construction, agriculture, and infrastructure of the land that was hoped to become Israel. As of 2015, Bank Leumi is Israel's biggest bank in terms of total assets. It has offices in the US, Switzerland, the UK, Mexico, Uruguay, Romania, Jersey, and China, as well as Luxembourg, Switzerland, and the Netherlands. Even though Bank Leumi was taken over by the government in 1981, it is now mostly owned by private people. As of June 2006, the government has the most stock, with 14.8%. Shlomo Eliyahu and Branea Invest are the other big owners. They each own 10% of the stock, which makes them the core of the bank's power. Sixty percent of the bank's shares are owned by the people and traded on the Tel Aviv Stock Exchange.

Bank Leumi is dedicated to giving its customers banking services that are new, safe, and trustworthy. It does this by combining a personal touch with modern technology. The bank wants to build strong, long-term ties with all of its customers by giving them custom solutions and great customer service, with the goal of making sure they are as happy as possible. Bank Leumi's goal is to become Israel's top provider of financial services by giving customers a wide range of goods and services. The bank wants to be a partner that customers can trust by giving them unique solutions and the latest in financial technology. Integrity, trust, and dependability are at the heart of Bank Leumi's core beliefs. The bank cares a lot about giving customers information that is clear and honest so they can make good choices. The bank is also proud of its good customer service, its ability to understand customers' wants, and its ability to offer custom solutions.

Bank Leumi has a wide range of goods and services, such as personal banking, corporate banking, investment banking, credit cards, consumer loans, mortgages, and insurance. Bank Leumi also offers digital services like web banking, mobile banking, and many others.

In the last few years, Bank Leumi's financial success has been great. Its total assets will go from $48.1 billion in 2019 to $49.4 billion in 2020, which is a big jump. Profits went from $816 million to $1.1 billion in the same time period. The return on assets of the bank also went up from 1.7% in 2019 to 2.2% in 2020.

Founded: 1902

Headquarters: Tel Aviv, Israel

Website: https://www.leumi.co.il/