Far from deciding to leave, Bank Leumi has chosen to stay put during this period of uncertainty.
Like everyone else, we are watching the situation closely, but Bank Leumi has made a conscious decision not to make any policy changes until the outcome of the EU exit is clear
Mr Katzav said: “Like everyone else, we are watching the situation closely, but Bank Leumi has made a conscious decision not to make any policy changes until the outcome of the EU exit is clear.
Mr Katzav paid tribute to Shimon Peres, saying that he was recognised as a great leader and will be remembered for his optimism, determination and hopes for peace and a better future.
Bank Leumi (UK) plc has established a reputation as one of the leading foreign-owned banks in London. Mr Katzav announced that its new online banking platform, LeumiLink, will be shortly be launched.