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.”
An expression of confidence in Leumi by the financial market: Due to Very High Demand, Bank Leumi Completed a NIS 2.75 Billion Capital Raising by Issuing Shares streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Net income for 2021 reached approximately NIS 6 billion ($1.9 billion), compared with NIS 2.1 billion ($675 million) in 2020. Net income in Q4.
The profit for 2021 of NIS 6 billion is by some some way the largest among Israel's banks. Leumi has declared a NIS 588 million dividend for the fourth quarter.