Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Bank Leumi reports a 30% Q3 net income jump to $620 million, despite rising credit losses.

flag Bank Leumi, Israel's largest bank, reported a 30% jump in Q3 net income to NIS 2.3 billion ($620 million), up from NIS 1.8 billion ($485 million) last year. flag The bank's return on equity rose to 15.5%, and it plans to distribute 40% of its third-quarter profit as dividends and share buybacks. flag Despite an increase in credit loss provisions, the bank's loan portfolio grew 7.1%, with mortgages up 10%. flag Bank Leumi also provided financial support to customers during the ongoing conflict.

3 Articles

Further Reading