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Leumi and Hapoalim Third-Quarter Net Rises as Provisions Fall
Bank Leumi Le-Israel Ltd. and Bank Hapoalim Ltd., the country’s two largest banks, posted an increase in profit as both reported a drop in provisions for the quarter. Leumi said third-quarter net income tripled to 479 million shekels as provisions fell 23 percent. Hapoalim reported a 33 percent rise in…
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