Israel's Bank Hapoalim fourth-quarter profit sinks on U.S. tax probe provision

France Nouvelles Nouvelles

Israel's Bank Hapoalim fourth-quarter profit sinks on U.S. tax probe provision
France Dernières Nouvelles,France Actualités
  • 📰 Reuters
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Israel's Bank Hapoalim on Monday reported sharply lower quarterly net profi...

FILE PHOTO: The logo of Bank Hapoalim, Israel's biggest bank, is seen at their main branch in Tel Aviv, Israel July 18, 2016. Picture taken July 18, 2016. REUTERS/Amir Cohen/File Photo

Hapoalim earned 97 million shekels in the fourth quarter ended December, down from 612 million a year earlier. It said its profit ex-items rose due to an increase in credit volumes in business banking and housing, as well as profits from the sale of stocks and bonds, and a drop in salary expenses. The bank’s board did not declare a dividend for the third quarter in a row due to the uncertainty of the probe. It said this did not change its policy of paying dividends of up to 40 percent of quarterly net profit.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Reuters /  🏆 2. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Deutsche Bank, Investors Bank subpoenaed for Trump Organization records by New York attorney generalDeutsche Bank, Investors Bank subpoenaed for Trump Organization records by New York attorney generalMichael Cohen told Congress that Donald Trump inflated his assets to improve his odds of buying the National Football League's Buffalo Bills, a gambit that eventually failed. Late Monday night, the office of New York Attorney General Letitia James subpoenaed Deutsche Bank and Investors Bank for
Lire la suite »

Japan's regional bank lobby urges BOJ to focus on rising costs of easingJapan's regional bank lobby urges BOJ to focus on rising costs of easingJapan's regional bank lobby on Wednesday called on the central bank to focu...
Lire la suite »

Merger speculation boosts shares in Deutsche and CommerzbankMerger speculation boosts shares in Deutsche and CommerzbankShares in Deutsche Bank and Commerzbank traded higher on Monday as German busine...
Lire la suite »

Bank of France trims first-quarter French growth forecast to 0.3 percentBank of France trims first-quarter French growth forecast to 0.3 percentThe Bank of France on Monday trimmed its forecast for French first-quarter econo...
Lire la suite »

U.S. sanctions Russian bank over dealings with Venezuela state oil firmU.S. sanctions Russian bank over dealings with Venezuela state oil firmThe United States sanctioned the Russian bank Evrofinance Mosnarbank on Monday, ...
Lire la suite »

How India and Israel collaborate as oppressors-in-armsHow India and Israel collaborate as oppressors-in-armsSymbiotic security links between India and Israel reflect a much broader ideological convergence between the two countries Opinion | indignant_sepoy
Lire la suite »

Two rockets fired at Tel Aviv from Gaza, and Israel weighs its responseTwo rockets fired at Tel Aviv from Gaza, and Israel weighs its responseIt was the first time the city was targeted by rocket fire since 2014, the Israeli military said.
Lire la suite »

Israel suspects Iran of hacking election frontrunner Gantz's phone: TVIsrael suspects Iran of hacking election frontrunner Gantz's phone: TVIsrael's Shin Bet security service suspects Iran of hacking the mobile phon...
Lire la suite »

The Latest: Israeli military reports air-raid sirensThe Latest: Israeli military reports air-raid sirensJERUSALEM (AP) — The Latest on Israel-Gaza (all times local): 1:40 a.m. The Israeli military is reporting air-raid sirens in southern Israel, signaling new rocket fire out of the Gaza...
Lire la suite »



Render Time: 2025-03-12 10:45:25