The London-based magazine, World Finance, has selected Leumi as the Best Banking Group in Israel for a second year in a row.
Unique from other financial publications, World Finance selects winners based on readers' votes. Leumi was voted Best Banking Group in Israel due to a client-focused management philosophy along with a conservative risk culture. Voters also considered Leumi's investments in digital banking and products offered via mobile and the web, as well as a strong online presence. Bank Leumi's Debt Collection Sector also was a significant factor in the voting process.
In response to the award Leumi CEO, Rakefet Russak Aminoach said: "In recent years Leumi has invested strongly in technology operating systems and infrastructure. The readers of World Finance magazine have recognized Leumi's accomplishments and this award is confirmation that we have succeeded. We will continue to improve our digital channels and offer attractive products and services to our clients."
World Finance is an international financial magazine published bi-monthly, providing coverage and analyses of the world economy and specifically the financial industry in fields such as wealth management, banking, and investment.
Since 2007, World Finance magazine has bestowed awards to financial institutions around the world in different categories. In 2011 Leumi was also the recipient of the 'Company of the Decade (2000-2010): Israel" award and the magazine also featured Leumi's commitment to advanced technology upgrades to benefit both employees and clients alike.