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Bank Leumi CEO Sees Dividend Reinstated After Five Year Drought
Bank Leumi Le-Israel Ltd. expects to end its five-year dividend drought in early 2017 as it’s “very close” to clearing the main regulatory hurdle standing in its way, Chief Executive Officer Rakefet Russak-Aminoach said. The Bank of Israel is requiring lenders to meet a Tier 1 capital ratio of 10.25…
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Click here to read the full story: Bloomberg