Bank Leumi le-Israel B.M.

Domestic and International Banking, Financial and Investment Activities


Founding Year 1902
Address 34 Yehuda Halevi St.,Tel Aviv 6513616, Israel - View Map
Phone 076-8858111
Fax 076-8858688
Email [email protected]
Social Networks
Company Website


.David Brodet, Chairman of the Board, Bank Leumi le-Israel B.M.

.David Brodet

Chairman of the Board

Rakefet Russak-Aminoach, Chief Executive Officer, Bank Leumi le-Israel B.M.

Rakefet Russak-Aminoach

Chief Executive Officer


Leumi is Israel’s oldest banking corporation and one of the leading and largest corporations in the Middle East. As of 31 December 2017, the Group’s total assets amounted to NIS 450.8 billion, while shareholders' equity reached NIS 33.2 billion. Leumi Group’s credit portfolio at this period amounted at to NIS 268 billion, deposits of the public reached NIS 362.5 billion, net profit totaled NIS 3.2 billion and net return on equity reached 9.8%.

Senior Management

Ronen Agassi
Head of Capital Markets Division

Bosmat Ben-Zvi
Head of Risk Management Division

Hilla Eran-Zick
Head of Human Resources Division

Dan Cohen
Head of Retail Banking Division

Omer Ziv, CPA
Head of Finance Division

Shlomo Goldfarb, CPA
Head of Accounting Division

Shmulik Arbel
Head of Corporate & Commercial Division

Sharon Gur
Head of Internal Audit Division

Irit Roth, Adv.
Head of Legal Division

Hanan Friedman, Adv.
Head of Strategy & Regulation Division

Tamar Yassur
Head of Digital Banking Division

Shay Basson
Head of Technologies Division

Ilan Buganim
Chief Technology & Data Officer

Leumi Always
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 219 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. The Bank provides additional services through its subsidiaries: ‘Leumi Card’, the Bank’s credit card company; ‘Leumi Partners’, the Bank’s investment banking arm; and LeumTech, the Bank’s high-tech banking arm.

In recent years, Leumi has invested extensive resources in developing and enhancing its technological capabilities in order to provide customers with accessible and 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 direct channels.

Business Lines
Retail Banking
This business line provides full banking services to private customers and small businesses through some 197 branches located across the country. The business line includes the Mortgage Department and the Private Banking Department, which provides customized financial services to private customers – both in Israel and abroad – with a net worth of over NIS 1.5M.

Commercial Banking
This business line specializes in providing banking and financial services to middle-market companies through 22 commercial branches across the country. The organizational structure of this business line is unique in the Israeli banking system and enables the Bank to provide a comprehensive “one-stop shop” to its clients.

Corporate Banking
This business line provides comprehensive financial services to Israel’s largest businesses and multinational corporations, including construction and contracting companies involved in large scale real estate and infrastructure projects. the Among others, the Corporate Banking line deals with customers who have structured business operations, global operations or whose business operations are managed through the bank’s overseas subsidiaries.

International Banking
This business line provides commercial banking services to individuals and to Israeli companies operating in international markets. This includes Leumi USA, Leumi UK and Leumi’s representative office in Shanghai, China.

Capital Markets
This business line manages the bank’s nostro portfolio and offers financial services to institutional customers and foreign banks. It also manages Leumi’s dealing rooms (Israeli Securities, Foreign Securities, Forex and Derivatives) and provides capital market services to the Bank’s customers.

LeumiTech provides comp-rehensive financial services to Israeli high-tech companies at all stages of their lifecycles. LeumiTech’s value proposition meets all the financial needs of tech companies and includes both banking and non-banking financing, unique products and services, a dedicated platform for investment management, a dedicated credit card and access to funds, investors, companies and key players in the tech industry, both in Israel and abroad. Based in Tel Aviv, LeumiTech also operates in London, New York and Palo Alto.

Digital Banking
This business line is responsible for leading and implementing advanced digital innovation across all units of the Bank, in addition to managing the Marketing and Big Data Departments. The business line manages ‘Leumi Digital’ – the Bank’s advanced online digital services which include the website, mobile apps and self-service digital stations located at all branches. Furthermore, it is responsible for ‘Pepper’, Leumi’s innovative digital bank, which offers full account management via mobile only, with no current account fees.

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 2017, Leumi invested over NIS 37 million in activities for the benefit of the community, through donations and sponsorships to some 450 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 4,300 bank employees took part in volunteer work in various programs throughout the country.

For over 16 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. The Bank’s CEO serves as Head of the Association of Friends of “Aharai!”, while more than 1,000 Leumi employees volunteered in the organization during 2017.

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