The First Digital Bank, the only new lender in over 40 years, hopes to compete with incumbents; services will be extended to wider public later this year
Reuters: Israel's largest bank earned NIS 915 million ($267 million) in the October-December period, compared with a net loss of NIS 629 million in the fourth quarter of 2019
'Historic' agreements will enable the lender to give customers easier access to banks, investors, and tech firms that are part of the DIFC and ADGM financial centers
Leumi symbolically sends each bank a money transfer of $180, or '10 times life' in Jewish tradition, to mark historic day of Israel and UAE cementing diplomatic relations
Banking Supervision Department is set to authorize Amnon Shashua taking full control of bank, after co-founder Marius Nacht bows out, person familiar says
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