Bank Leumi le-Israel B.M. - Introduction

Introduction

24-32 Yehuda Halevy Street
Tel-Aviv 65546
Israel
Telephone: (972) 3 514-8111
Toll Free: (800) 892-5340
Fax: (972) 3 514-8656
Web site: http://english.leumi.co.il

Public Corporation
Incorporated: 1902 as Anglo-Palestine Co. Ltd.
Employees: 11,457
Total Assets: NIS 248.2 billion ($52.38 billion) (2002)
Stock Exchanges: Tel Aviv
NAIC: 522110 Commercial Banking; 522210 Credit Card Issuing; 522310 Mortgage and Other Loan Brokers; 523110 Investment Banking and Securities Dealing; 523120 Securities Brokerage; 523920 Portfolio Management; 523991 Trust, Fiduciary and Custody Activities; 525110 Pension Funds

Bank Leumi le-Israel B.M., Israel's second-largest bank, has its origins in the modern Zionist movement of the late 19th century and issued the nation's currency during its early years of independence. A full-service commercial bank, it also has subsidiaries engaged in such activities as issuing debentures, making loans for agriculture and industrial development, and offering mortgage loans, insurance, and a full range of investment, trust, and banking services, including managing portfolios and underwriting stock issues. It also invests directly in about 35 Israeli businesses and companies. Bank Leumi has five foreign subsidiaries and offices in 19 countries.