A national profit record for Bank Leumi, which manages to stand out even against the background of a great year for banks in Israel (Photo: Reuven Castro)
Strong results for Leumi in 2022: return on capital of 19% in the fourth quarter and 17% for the entire year, with responsible growth in the credit portfolio through targeting the selected strategic segments - 18.4% in 2022. This alongside a record (
net) profit of approximately NIS 7.7 billion in 2022 (compared to a profit of about NIS 6 billion in 2021) and a substantial improvement in the efficiency ratio - 31.8% in the fourth quarter of this year.
The cumulative dividend to the shareholders for the entire year is about NIS 1.8 billion, including NIS 698 million for the fourth quarter.
The excellent results place Leumi at the top of the profit table of banks in Israel.
National Chairman, Dr. Samer Haj Yahya (Photo: Future Investment Initiatives)
Chairman of Leumi's Board of Directors, Dr. Samer Haj Yahya:
"The changes and adjustments we made in the bank's strategy and policy, as well as in practical management, allowed Leumi to strengthen its local and international status in the past year, upgrade customer service, strengthen human resources and ensure financial stability His. We continue to lead and promote proactive, innovative and responsible banking for our customers, while placing emphasis on improving service delivery. I am sure that thanks
to our professional and dedicated managers and employees, the investments in technology and innovation, the trust of customers and investors, and the commitment to environmental, social and corporate governance activities, Leumi will continue to lead the The banking system in Israel".
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CEO of Leumi, Hanan Friedman (Photo: PR)
CEO of Leumi, Hanan Friedman
:
"I thank the employees and managers of Leumi for the achievements and the excellent results achieved thanks to them, and thanks to the successful implementation of our strategy, which includes the implementation of advanced technological tools that we have developed - and are still developing.
As the leading bank in Israel, I am proud of the service and convenience revolution we are leading, and which is already showing its signs.
We have committed to put the comfort of the customers at the center - and that is what we are doing, with the development of innovative products and a proactive and proactive approach towards them.
We undertake to continue to significantly improve the service to customers and offer them the convenient banking experience in Israel - in any service channel they choose.
I am also proud of the series of consumer initiatives we recently launched that are designed to make it easier for customers during this challenging time."
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