Bank Leumi

Bank Leumi (Hebrew: בנק לאומי, lit. National Bank; Arabic: بنك لئومي‎) is an Israeli bank. It was founded on February 27, 1902, in Jaffa as the Anglo Palestine Company as subsidiary of the Jewish Colonial Trust (Jüdische Kolonialbank) Limited[2]:p.19 formed before in London by members of the Zionist movement to promote the industry, construction, agriculture, and infrastructure of the land hoped to ultimately become Israel. Today, Bank Leumi is Israel’s largest bank (by total assets as of 2015), with overseas offices in Luxembourg,[3] US, Switzerland, the UK, Mexico, Uruguay, Romania, Jersey, and China.[4]

Bank Leumi Le-Israel Ltd. engages in the provision of banking and financial services. It operates through the following segments: Households; Small Businesses; Corporate Banking; Commercial Banking; Private Banking; Financial Management and Capital Markets; and Others. The Households segment engages in the provision of banking services to households and private customers. The Small Businesses segment provides banking services to small businesses and local authorities. The Corporate Banking segment provides banking services to households and private customers. The Commercial Banking segment involves baking and financial services to middle market companies. The Private Banking segment includes domestic and global financial services and solutions to private customers with financial asset portfolios. The Financial Management and Capital Market segment provides services to institutional customers and foreign financial institutions. The company was founded on February 27, 1902 and is headquartered in Tel Aviv, Israel.