Financial Results
Retail Banking
Uncategorized
Israel's Bank Hapoalim first quarter profit jumps on reversal of loan loss provision
Bank Hapoalim, Israel's largest lender, reported a higher than expected jump in quarterly profit, boosted by a reversal of provisions to protect against loan defaults. Hapoalim said on Thursday it earned 1.354 billion shekels ($412 million) in the January-March period, compared with a 192 million shekel profit in the first…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Yahoo Finance