Bank Leumi le-Israel B.M.
Domestic and International Banking, Financial and Investment Activities
Dr. Samer Haj Yehia
Chairman of the Board
Bank Leumi le-Israel B.M.
Adv. Hanan Friedman
President & CEO
Bank Leumi le-Israel B.M.
Ronen Agassi Head of Corporate Division
Bosmat Ben-Zvi Head of Capital Markets Division
Avivit Klein Head of Human Resources Division
Shmulik Arbel Head of Retail Banking Division
Uri Yonissi Head of Customer Relations Division
Omer Ziv Head of Finance Division
Liat Shuv Head of Risk Management Division
Hagit Argov Head of Internal Audit Division
Mor Fingerer Head of Legal Division
Jaime Scholnik Head of Technologies Division
Eyal Ben-Haim Head of Operations Division
About Bank Leumi le-Israel B.M.
Balance Sheet: NIS 556 billion
NIS 2.1 billion
Leumi is Israel’s oldest banking corporation and one of the leading and largest corporations in the Middle East. As of 31 December 2020, the Group’s total assets amounted to NIS 556 billion, while shareholders’ equity reached NIS 37.7 billion. Leumi Group’s credit portfolio at this period amounted to NIS 295.3 billion, deposits of the public reached NIS 447 billion, net profit totaled NIS 2.1 billion and net return on equity reached 5.7%.
Bank Leumi was founded in London in 1902 as a result of Dr. Theodor Herzl’s vision. Upon the establishment of the State of Israel in 1948, Bank Leumi served as the central bank for the new state and issued the country’s first banknotes. Since then, Leumi has been instrumental to the development of the State of Israel, playing a vital role in a range of sectors - from national infrastructure, agriculture, industry and real estate, to commerce, academia, hi-tech and research.
The Leumi Group today operates some 200 branches throughout Israel, in addition to branches and offices located in key financial centers across the globe. Leumi provides a wide spectrum of high-quality banking services to all types of customers, starting with households, through small and middle-market businesses, and up to large corporations. These services are provided through specialized business lines, suited to all customer segments, and are backed up by the highest standards and uncompromised professionalism. Leumi provides additional services through its subsidiaries: ‘Leumi Partners’, the investment banking arm; ‘Leumi Capital Market Services’, which offers operating services for pension, retirement, health, and welfare funds.; and VIDEA, a digital portfolio management company.
In recent years, Leumi has invested extensive resources in developing and enhancing its technological capabilities in order to provide customers with the most advanced banking services. Today, ‘Leumi Digital’ leads the digital banking field in Israel, with a wide variety of innovative online banking services which are available to customers 24/7 via various digital channels which include the website, mobile apps and self-service digital stations located at all branches.
Retail Banking Division
The Retail Banking Division provides full banking services to households, small businesses and private customers through branches and service centers located across the country. The Division is also responsible for the activities of the Mortgage Department.
Corporate Banking Division
The Corporate Banking Division is comprised of two departments: The Commercial Department and The Corporate Department. The Commercial Department specializes in providing banking and financial services to middle-market companies through designated commercial branches across the country. The Corporate Department provides funding and financial services to big businesses and multinational corporations. The Department also finances construction and contracting companies involved in large-scale real estate and infrastructure projects.
This business line provides commercial banking services to individuals and Israeli companies operating in international markets, mainly through the subsidiaries Leumi USA and Leumi UK.
Capital Markets Division
The Capital Markets Division manages the Bank’s nostro portfolio and operates Leumi’s dealing rooms (Israeli Securities, Foreign Securities, Forex and Derivatives) in order to provide capital market services to the Bank’s customers, including institutional customers.
LeumiTech provides comprehensive financial services to Israeli startups and high-tech companies operating in Israel and abroad, while addressing the unique needs of the tech industry. Based in Tel Aviv, LeumiTech also operates in global tech hubs such as London, New York and Palo Alto.
Leumi’s mobile-only digital bank, which offers full current account management, free of commissions. In addition, ‘Pepper Invest’ offers online trading in Capital Markets.
Leumi and the Community
Ever since its establishment and alongside its business activities, Leumi has always been an active partner in the society and community in which it operates. This legacy has been manifested in recent years in the Bank’s activities in promoting education, culture and the arts, while working towards reducing social gaps and providing equal opportunities to youth in Israel.
In 2020, Leumi invested over NIS 37 million in activities for the benefit of the community, through donations and sponsorships to hundreds of social and educational organizations. These activities were attended by dozens of thousands of youth and adults from all sectors of the Israeli population. In addition, more than 4,000 bank employees took part in volunteer work in various programs throughout the country.
For over 19 years, Leumi has been a strategic partner of “Aharai!” (‘Follow Me!’), a social and educational association engaged in developing young leadership, as well as encouraging social involvement among youth and young adults across Israel. Leumi is the organization’s main donor and supports the ongoing growth of the organization’s activities in the periphery. Hundreds of Leumi employees volunteer in the organization throughout the year.