Bank Leumi le-Israel B.M.

Domestic and international banking, financial and investment activities

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Company's Profile

Established: 1902
Line of Business: Domestic and international banking, financial and investment activities
Address: Head Office: 34 Yehuda Halevi St., Tel Aviv 6513616
Phone: 972-076-8858111
Website: http://www.english.leumi.co.il
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Company Executives

  • Samer Haj Yehia, Bank Leumi le-Israel B.M.

    Samer Haj Yehia

    Chairman of the Board

    Bank Leumi le-Israel B.M.

  • Hanan Friedman, Bank Leumi le-Israel B.M.

    Hanan Friedman

    President & CEO

    Bank Leumi le-Israel B.M.

Senior Management

    Liat Shuv Head of Corporate Division
    Omer Ziv Head of Capital Markets Division
    Avivit Klein Head of Human Resources Division
    Shmulik Arbel Head of Retail Banking Division
    Uri Yonissi Head of Mortgage Division
    Hagit Argov Head of Finance Division
    Ronen Mori Head of Risk Management Division
    Bosmat Ben-Zvi Head of Internal Audit Division
    Michal Alterman Head of Legal Division
    Jaime Scholnik Head of Technologies Division
    Eyal Ben-Haim Head of Operations & Service Division
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About Bank Leumi le-Israel B.M.

Employees
7,893

Assets
Balance Sheet: NIS 699 billion

Net Profit
NIS 7.7 billion

 

Leumi is Israel’s oldest banking corporation and one of the leading and largest corporations in the Middle East. As of 31 December 2022, the Group’s total assets amounted to NIS 699 billion, while shareholders’ equity reached NIS 49.4 billion. Leumi Group’s credit portfolio at this period amounted to NIS 384.8 billion, deposits of the public reached NIS 557.1 billion, net profit totaled NIS 7.7 billion and net return on equity for the whole year reached 17%.

Company Profile

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 provides a wide range of financial and banking services to all types of customers through some 180 branches located across Israel, 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 group’s 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.

Business Lines

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.

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 large businesses and multinational corporations. The Department also finances construction and contracting companies involved in large-scale real estate and infrastructure projects.

Mortgage Division
The Mortgage Division is responsible for all of Leumi’s mortgage operations, including dozens of ‘Leumi Mortgage’ representative offices located acrosss the country.

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
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.

Pepper
Pepper is Leumi’s fully-mobile digital bank, which offers full current account management, free of commissions. In addition, ‘Pepper Invest’ offers online trading in US 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 2022, Leumi invested over NIS 38 million in activities for the benefit of the community, through donations and sponsorships to dozens of social and educational organizations. These activities were attended by tens of thousands of children, youths and adults from all sectors of the Israeli population. In addition, more than 4,400 bank employees took part in volunteer work in various programs throughout the country.
For over 21 years, Leumi has been a strategic partner of “Aharai!” (‘Follow Me!’), a social and educational association engaged in developing leadership and encouraging social involvement among teens 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.

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