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Top News In வங்கி லுமி லெ இஸ்ரேல் Today - Breaking & Trending Today

Bank of Israel keeps rates unchanged, says COVID still poses 'risk' to economy

Bank of Israel keeps rates unchanged, says COVID still poses 'risk' to economy
timesofisrael.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesofisrael.com Daily Mail and Mail on Sunday newspapers.

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'For we are brothers': Arabs, Israelis in tech call for healing social rifts

An illustrative image of solidarity at the workplace (fizkes; iStock at Getty Images)
The bloody clashes Israel has witnessed between Arab and Jewish citizens in the past week has triggered a flurry of response in the tech, business and healthcare world.
Leaders, both Jewish and Arab, from these sectors have issued statements expressing their commitment to a country that treats everyone equally under the law and calling for “healing Israeli society,” just as the nation has been largely cured from the deadly coronavirus pandemic.
Tensions between Israel’s Jewish and Arab communities spiraled into mob violence in ethnically mixed communities over the past week, turning cities into veritable war zones, with police failing to contain the most serious internal unrest to grip the country in years. ....

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Bank Leumi USA

Bank Leumi Le-Israel BM (OTC: BLMIF) is reportedly in discussion on the potential sale of its U.S. banking division.
What Happened: According to a Bloomberg report citing unnamed “people familiar with the matter,” the Israeli bank is working with a financial advisor to coordinate. Read More.
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BANK LEUMI LE ISRAEL (BLMIF), Apple Inc. (NASDAQ:AAPL) - Israel's Bank Leumi Considering Sale Of US Unit: Report

Bank Hapoalim BM (OTC: BKHYY) control 61% of the nation’s banking market.
Despite its dominance at home, Bank Leumi had been severely impacted by the economic trauma of the COVID-19 pandemic. The lender’s 2020 profit of $642 million represented a 40% year-over-year plummet, while its loan loss expenses quadrupled to $780 million.
Israeli’s traditional brick-and-mortar banking is also facing a new challenge from fintechs.
In March, First Digital Bank, an online exclusive lender, became Israel’s first de novo bank since 1978.
Apple Inc (NASDAQ: AAPL) is introducing its Apple Pay digital wallet to the Israeli market this month and, in doing so, taking control of the iPhone market. ....

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BLMIF Stock Price, Bank Leumi Le-Israel Stock Quotes and News

Benzinga - Wed, 05 May 2021 10:40:56 -0400
Bank Leumi Le-Israel BM is an Israeli banking and financial services company. The products and services offered by the company include consumer loans, mortgages, commercial banking services, and capital market services, among others. The company organizes itself across eight regulatory operating segments based on the classification of customers: households, private banking, micro businesses, small businesses, mid-sized businesses, corporate, financial management, and Institutional. The company generates a majority of its revenue through provision of banking and services to private customers and small businesses, and a vast majority of its revenue is earned in Israel.
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