Fitch Affirms Bank Leumi & Bank Hapoalim at 'A-'

April 1, 2015 3:00 PM

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(The following statement was released by the rating agency) LONDON, April 01 (Fitch) Fitch Ratings has affirmed Bank Leumi Le Israel B.M.'s (Leumi) and Bank Hapoalim B.M.'s (Hapoalim) Long-term Issuer Default Ratings (IDRs) at 'A-' with Stable Outlooks.

Both banks' Viability Ratings (VRs) have been affirmed at 'bbb+'. A full list of rating actions is provided at the end of the rating action commentary. KEY RATING DRIVERS - IDRs, SUPPORT RATING FLOORS AND SUPPORT RATINGS The two banks' Long- and Short-term IDRs are support-driven. Their IDRs, Suppor...

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