Leumi mortgage bank sign in Nofei Zufim construction site | Tzofim settlement | 27 July 2009 | Photographed by Who Profits Bank Leumi branch | Oranit Settlement | May 2011 | Photographed by Who ProfitsBank Leumi branch | Pisgat Ze'ev Settlement | Apr 2009 | Photographed by Who Profits

One of the largest banks in Israel.

Leumi bank provides financing for the construction of housing projects in Israeli settlements in occupied territory. The bank provided financial support for 78 housing units in 6 buildings in Har Homa, constructed by Heftziba. 

The bank provides loans and financial services to local authorities of settlements: The bank manages the funds of Clal finance and Jerusalem equity portfolio, owned by the settlement of Efrat, along with Hapoalim bankAlfei Manashe settlement opened accounts for education funds and for development funds in Leumi Bank; Ma'ale Adumim settlement has signed an investment consultant agreement with Leumi Bank; Kiryat Arba settlement's property tax are saved in Leumi Bank.

The bank finances the Jerusalem light rail project, which was designed to connect the settlement neighborhoods around Jerusalem with the city center.

Through its subsidiary Leumi Mortgage Bank (100%), which specializes in providing mortgages, the bank also provides mortgages for homebuyers in settlements. For instance, a sign in the settlement of Tzofim (see picture on the left) says that special offers for mortgages by Leumi Mortgage Bank are given for private construction in the Tzofim View (Nofei Zufim) Project.

The bank supplies mortgages for homebuyers in the settlements of Ariel, Beitar Illit and Katzrin in the Golan Heights.

The bank benefits from access to the Palestinian monetary market as a captive market.

The bank has branches in the following settlements in the West Bank: Ma'ale Adumim, Oranit, Pisgat Ze'ev and Kiryat Arba, in the settlement neighborhoods of Ramot and Gilo in East Jerusalem and in Katzrin in the Golan Heights.

Leumi Mortgage Bank, has a branch in Ramat Eshkol settlement neighborhood in East Jerusalem.

Click here to read the full report about the involvement of the Israeli banks in the financing of the occupation.