Leumi was rated 126 in a ranking of the world’s 1,000 largest banks. Rival Bank Hapoalim was rated 127.
Bank Leumi today announced that it was ranked top bank in the Middle East and number 126 in a list of the world’s top 1,000 banks in the July edition of the prestigious banking magazine "The Banker".
Leumi said it was rated as the largest bank in Israel with the highest capital.
Bank Hapoalim, Leumi’s main rival, was rated number 127 in the world. "The Banker" rated Citigroup as the largest bank in the world and HSBC as the largest bank in Western Europe.
Published by Globes [online] - www.globes.co.il - on 9 July, 2003