NEW YORK, July 17, 2019 – Bank Leumi USA today announced that it has received an A- rating from Standard and Poor’s (S&P), designating it as a stable, investment-grade bank.

The A- rating reflects S&P’s strong and stable outlook for the bank’s overall business as well as its financial and risk profile.

“We have been a trusted partner to our clients for more than half a century, and this upgraded rating is a proof point for the strength and stability we continue to offer,” said Avner Mendelson, President and CEO, Bank Leumi USA. “An A- rating is a key threshold for many companies as they consider options for deposit services; we are proud to be included in the exclusive group of companies rated A- and above and remain committed to being a bank of choice for companies in the sectors we serve, including real estate, healthcare, commercial & industrial, and high tech.”

Leumi is the U.S. subsidiary of the Leumi Group, a leading global financial services institution. This rating highlights the Leumi Group’s commitment to its U.S. subsidiary and investment in its growth, as well as its own stable outlook.

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About Bank Leumi USA

Bank Leumi USA (Leumi) is a full-service commercial and private banking institution providing financial services to middle market firms, as well as a full range of private banking solutions to domestic and international clients. Leumi also offers a broad range of securities and insurance products through its brokerage subsidiary, Leumi Investment Services Inc. More information about Leumi is available at www.leumiusa.com.