Retail Banking
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Purchase of Leumi Card completed by Warburg Pincus
Warburg Pincus has announced that it has completed the purchase of the credit card company Leumi Card from Bank Leumi and the Azrieli Group (80% and 20% owned respectively). This announcement completes the permit to control the company given by the Bank of Israel last week, and thus ownership of…
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Source: Warburg Pincus