Leumi Wins Awards
Global Finance selects Leumi as the "Best Sub-Custodian Bank in Israel, " for 2011
"Global Finance Magazine has selected Bank Leumi as the "Best Sub-Custodian Bank in Israel" for 2011."
The Sub-Custody Unit is responsible for various services that Bank Leumi provides to Banks and to foreign institutions which have activities in the Israeli Capital Markets. The Unit is an integral part of the Capital Markets Division of Bank Leumi, which covers all of the expertise and services required by Israeli and Foreign clients.
Global Finance Magazine used the following criteria for selecting the recipient of the award: customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices.
The award will be presented to Bank Leumi's representatives in September 2011, in a special ceremony taking place in Washington.