Bank Hapoalim, one of Israel's largest lenders, reported a 25% increase in net profit to NIS 2.42 billion in the first quarter of 2025, driven by income from net interest and fees from raised borrowing costs. The bank attributes the growth to credit processing fees, credit card fees, and securities fees.
image sourced from original article at https://www.timesofisrael.com/liveblog_entry/loan-fees-fuel-wartime-windfall-for-hapoalim-as-bank-profits-jump-25/Original article source: https://www.timesofisrael.com/liveblog_entry/loan-fees-fuel-wartime-windfall-for-hapoalim-as-bank-profits-jump-25/
Source Id: 2025-05-723641435
