LUMI · Bank Leumi Le-Israel B.M.

Description

Bank Leumi Le-Israel B.M. is a commercial bank engaging in the provision of banking services. It operates through the following segments: Households, Private Banking, Small and Micro Businesses, Mid-Sized Businesses, Corporate, Institutional Entities, Financial Management, and Other. The Households segment covers individuals excluding individuals covered in Private Banking segment. The Private Banking segment covers individuals with financial assets portfolio exceeding NIS 3 Million. The Small and Micro Businesses segment covers businesses with operations turnover that is equal to or higher than NIS 10 Million and lower than NIS 50 Million. The Mid-Sized Businesses segment covers businesses with operations turnover that is equal to or higher than NIS 50 Million and lower than NIS 250 Million. The Corporate segment covers businesses whose turnover is equal to or higher than NIS 250 million. The Institutional Entities segment includes provident funds, mutual funds, pension funds, study funds, and insurance companies. The Financial Management segment includes trading activities, assets and liabilities management, and real investment activities. The Other segment includes discontinued operations and gains. The company was founded on February 27, 1902 and is headquartered in Tel Aviv, Israel.