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Fourth oldest bank in Israel is
Discount Bank, founded in 1935 as "Bank Leumi Leisrael" by the Cruso, Elbow, and Recanati families. The bank survived the difficult years of World War II and became a large and leading bank after the establishment of the state. The bank has faced difficulties due to
219:, it was later renamed Bank Leumi and served the state as a quasi-central bank at its inception. Despite continuous attempts by the state to privatize or at least sell a controlling stake, such efforts failed, leading to plans for its privatization through public stock offerings.
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wrong business decisions and strained labor relations between management and the workers' committee, but it has recovered from them. The bank also controls
Discount Mercantile Bank and is owned by the Canadian-Israeli
233:. Over the years, the bank has developed a network of branches and commercial banking activities across all banking sectors, providing a wide range of banking and financial services in Israel and beyond.
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supervises
Israeli banks via the Supervisor of Banks. The tasks and authority of the Supervisor of Banks are based on several laws: Banks are subject of specific laws as corporations.
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As of 2022, there are ten commercial banks, four foreign banks, and a joint service company for clearing, all of which are supervised by the
Banking Supervision Unit of the
168:. Since then, the government has sold much of its bank stock holdings but still remains a large stockholder in many of the now privately held banks. The government sold
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https://english.leumi.co.il/LEFullArt/International_Roots/5966/#:~:text=Leumi*%20was%20founded%20and%20incorporated,State%20for%20the%20Jewish%20people.
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In addition to the five major groups, there are two more commercial banks operating in Israel that provide services to private and business customers:
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Of the major bank the smallest is Bank
International, controlled by a group led by businessman Zadik Bino. It also owns
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Five main groups dominate most of the banking operations in the country. The largest among them is
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and currently controlled by the Ofer-Wertheim group. In addition, the bank holds a 50% stake in
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Most of the banks were nationalized when their stocks collapsed in the
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at the beginning of the 20th century prior to the establishment of the
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627:"ืืฃ ืืืืช - ืืืื โ ืืขืจืืช ืืื ืืจื ื ืืืืืขืืช | ืืืืจืกื ืื ืืืจืืช ืขืจื"
601:"ืืฃ ืืืืช - ืืืื โ ืืขืจืืช ืืื ืืจื ื ืืืืืขืืช | ืืืืจืกื ืื ืืืจืืช ืขืจื"
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ordinance which has been amended and updated over the years;
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108:Learn how and when to remove this message
652:"404 | ืื ืง ืืฉืจืื - ืืื ืง ืืืจืืื ืฉื ืืฉืจืื"
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46:adding citations to reliable sources
816:First International Bank of Israel
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240:, founded in 1923 by the
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323:List of banks in Israel
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53:Find sources:
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37:
36:
31:This article
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25:
20:
19:
16:
1187:Dependencies
1117:Turkmenistan
1082:Saudi Arabia
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747:Central bank
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660:. Retrieved
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635:. Retrieved
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609:. Retrieved
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573:Banks portal
551:) Law, 1981.
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341:Total Assets
333:Established
287:Citibank N.A
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250:Agudath Bank
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40:Please help
35:verification
32:
15:
1246:Asia portal
1147:States with
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1007:South Korea
1002:North Korea
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799:Other banks
763:Major banks
658:(in Hebrew)
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607:(in Hebrew)
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295:BNP Paribas
265:Bank Massad
1261:Categories
1127:Uzbekistan
1102:Tajikistan
1017:Kyrgyzstan
997:Kazakhstan
917:Bangladesh
907:Azerbaijan
841:See also:
775:Bank Leumi
662:2024-07-03
637:2024-03-11
611:2024-03-11
559:References
549:bad checks
246:Bank Yahav
201:Bank Leumi
182:Leumi Bank
159:Bank Leumi
68:newspapers
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1167:Palestine
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374:deposits
347:billion)
338:Branches
336:Number of
184:in 2005.
141:in 1948.
98:July 2024
1236:Category
1157:Abkhazia
1107:Thailand
1062:Pakistan
1042:Mongolia
1037:Maldives
1032:Malaysia
932:Cambodia
696:Archived
671:cite web
509:Archived
504:Source:
368:Share of
359:Share of
350:Share of
311:Barclays
276:ONE ZERO
229:and the
1282:Banking
1132:Vietnam
1047:Myanmar
1027:Lebanon
957:Georgia
912:Bahrain
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365:credit
356:assets
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82:scholar
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992:Jordan
982:Israel
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927:Brunei
922:Bhutan
625:TASE.
599:TASE.
440:154.8
415:272.8
390:273.3
305:, and
282:."
205:London
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77:
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1218:Macau
1137:Yemen
1097:Syria
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987:Japan
962:India
952:Egypt
937:China
490:71.9
484:1975
471:10.9
465:86.3
459:1923
449:17.7
446:14.2
443:17.0
434:1935
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421:29.9
418:29.9
409:1902
399:29.1
396:31.3
393:30.0
384:1921
370:total
361:total
352:total
188:Banks
89:JSTOR
75:books
1057:Oman
1022:Laos
977:Iraq
972:Iran
680:help
631:ืืืื
605:ืืืื
526:The
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291:HSBC
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149:The
61:news
1189:and
345:NIS
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44:by
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86:ยท
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