The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.


Best bank
Bank Hapoalim Best debt house
Lehman Brothers

Best equities house
Lehman Brothers

Best M&A house
Lehman Brothers

In terms of size and in terms of the depth and breadth of their businesses there is little to separate Israel?s two leading banks, Bank Hapoalim and Bank Leumi. Bank Hapoalim has however managed to capitalize on improving Israeli economic conditions over the past year better than its arch-rival and so wins the award for best bank in Israel again this year.

Hapoalim has improved its net profit at a much faster rate than Leumi, although Leumi too has some impressive numbers. Hapoalim, however, is the more efficient and profitable bank by most of the usual measures.

Lehman Brothers scooped the awards for best debt, equity, and M&A house in Israel this year. The US investment bank?s long-standing relationships with some of Israel?s leading corporates really paid off this year, as these clients came to the market with the highest-profile deals in debt, equity and M&A, and Lehman Brothers topped the league tables in all three.

On the debt side, Lehman acted as bookrunner for three Israeli sovereign transactions, including two deals for $750 million and $1 billion, guaranteed by USAID, for which it was the sole bookrunner.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree