Category: Leumi
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Bank Leumi EVP: The north will rebound in 2025
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“There is no doubt that businesses and households in the North have been hit hard, but not fatal. The North will recover and return to prosperity, but the recovery process will be long,” said Bank Leumi Executive Vice President and Head of Banking Eyal Ben Haim. He said at the…
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Aaron Frenkel sells 2% Leumi stake
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Israeli businessman Aaron Frenkel sold about 31 million shares in the company Bank Leumi (level: room) (about 2% of the bank’s shares) in a distribution on the market with an estimated value of 1.4 billion shekels. The deal was executed through JP Morgan Bank in Israel. The deal comes about…
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Bank Leumi board elects Uri Alon chairperson
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The Board of Directors of Bank Leumi (TASE: LUMI) has chosen Uri Allon as Chairman of the Bank. He will replace Dr. Shmuel Ben-Zvi, who held this position for the past year. The candidates for president were Alon, former director general of the Ministry of Finance and CEO of Hotline…
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Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b
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A week after Globes reported on Bank Leumi’s restrictions on deals related to contractor loans to homebuyers, the bank’s third-quarter financial statements released this morning contain clues as to the reasons for the decision. The bank’s mortgage portfolio was 10% larger at the end of September this year than it…
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Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b
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A week after Globes reported on Bank Leumi’s restrictions on deals related to contractor loans to homebuyers, the bank’s third-quarter financial statements released this morning contain clues as to the reasons for the decision. The bank’s mortgage portfolio was 10% larger at the end of September this year than it…
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Leumi mortgages chief: Foreigners’ home purchases back to peak
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The state needs to formulate a national emergency plan for the housing sector to deal with the rapid rise in housing prices, said Uri Yonisi, head of the mortgage department at Bank Leumi, at the Globes-Bank Leumi Mortgage Conference. “The basic condition for dealing with the crisis is to realize…
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Leumi mortgages chief: Foreigners’ home purchases back to peak
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The state needs to formulate a national emergency plan for the housing sector to deal with the rapid rise in housing prices, said Uri Yonisi, head of the mortgage department at Bank Leumi, at the Globes-Bank Leumi Mortgage Conference. “The basic condition for dealing with the crisis is to realize…
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Leumi mortgages chief: Foreigners’ home purchases back to peak
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The state needs to formulate a national emergency plan for the housing sector to deal with the rapid rise in housing prices, said Uri Yonisi, head of the mortgage department at Bank Leumi, at the Globes-Bank Leumi Mortgage Conference. “The basic condition for dealing with the crisis is to realize…
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Leumi mortgages chief: Foreigners’ home purchases back to peak
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The state needs to formulate a national emergency plan for the housing sector to deal with the rapid rise in housing prices, said Uri Yonisi, head of the mortgage department at Bank Leumi, at the Globes-Bank Leumi Mortgage Conference. “The basic condition for dealing with the crisis is to realize…
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Leumi mortgage chief: Major interest from foreign residents
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“The moment after the security threat is removed, we will see a surge in security,” Uri Yonessi, head of the mortgage department at Bank Leumi, told Globes news editor Bar Lavi, during the “Northern Talk” conference held by Globes and Bank Leumi in Acre. The North is supported by large…