Bank Leumi Group Figure 1.3 Bank Hapoalim Group A. Banking and finance in Israel The structure of Israel’s banking system and investments in a A. Banking and finance in Israel (1) Bank Leumi Le-Israel Ltd. (1) main investee companies , December 2013 Bank Hapoalim Ltd. Arab Israel Bank Ltd. (1) B. Banking and finance abroad (5) Leumi Tech Ltd. (2) C. Capital market and financial services Bank Hapoalim (Switzerland) Ltd. Leumi Finance Company Ltd. (3) Banque Hapoalim (Luxembourg) S.A. Leumi Real Holdings Ltd. (6) Leumi Card Ltd. (4) Total assets: NIS 1,324 billion Leumi Securities and Investments Ltd. (8) Bank Hapoalim (Cayman Islands) Ltd. Leumi Financial Holdings Ltd. (6) Leumi Capital Market Services Ltd. (8) Hapoalim (Latin America) S.A. B. Banking and finance abroad (5) Herfindahl index: H = 0.19 Bank Leumi Le-Israel Trust Co. Ltd. (8) Bank Pozitif Kredi Ve Kalkinma Bankasi A.S. Bank Leumi USA CR 2 = 56% (with a holding in JSC Bank Pozitiv) Bank Leumi UK plc Leumi Partners Ltd. (6)(8) D. Nonbanking corporations C. Capital market and financial services Leumi Private Bank S.A. The Israel Corporation Ltd. Isracard Ltd. (4) Bank Leumi Luxembourg Poalim Express Ltd. (4) Bank Leumi Romania Poalim Capital Markets Ltd. (7) Leumi International Investments NV Poalim Sahar Ltd. (8) Leumi Re Ltd. (8) Bank Hapoalim Trust Company Ltd. (7) Poalim Asset Management (8) Other banking corporations Poalim Securities Ltd. (8) Peilim Investment Portfolio Management Ltd. (8) A. Banking and finance in Israel (1) Union Bank of Israel Ltd. Bank of Jerusalem Ltd. Dexia Israel Bank Ltd. Israel Discount Bank Group B. Foreign banks Citibank N.A. A. Banking and finance in Israel (1) HSBC Bank plc Israel Discount Bank Ltd. Barclays Bank plc Mercantile Discount Bank Ltd. State Bank of India First International Bank of Israel Ltd. C. Financial institutions First International Bank Group B. Banking and finance abroad (5) “Hesech” Kupat Hisachon Lehinuch Ltd. Israel Discount Bank of New York D. Joint service companies owned by Discount Bank (Latin America) A. Banking and finance in Israel (1) the five major banking groups IDB (Swiss) Bank Ltd. The First International Bank of Israel Ltd. Automated Clearing House (Masav) Ltd. Mizrahi-Tefahot Bank Group C. Capital market and financial services Poalei Agudat Israel Bank Ltd. Automatic Banking Services (Shva) Ltd. Discount Leasing Ltd. (8) U-Bank (Israel) Ltd. A. Banking and finance in Israel (1) Discount Manpikim (8) Otsar Hahayal Bank Ltd. Mizrahi-Tefahot Bank Ltd. Israel Discount Capital Markets and Investments Definitions Bank Massad Ltd. Bank Yahav for Government Employees Ltd. Ltd. (8) (1) Commercial banks B. Banking and finance abroad (5) B. Banking and finance abroad (5) Tafnit Discount Asset Management Ltd. (8) (2) Investment finance banks FIBI Bank (UK) plc United Mizrahi Bank (Switzerland) Ltd. CAL (Cartisey Ashrai Le’Israel)–Israel Credit (3) Financial institutions FIBI Bank (Switzerland) Ltd. C. Capital market and financial services Cards Ltd. (4) (4) Credit card companies C. Capital market and financial services Etgar Portfolio Management Ltd. (3) Diners Club Israel Ltd. (4) (5) Subsidiaries abroad First International Leasing Ltd. (8) Mizrahi-Tefahot Issuing Company Ltd. (8) Discount Trust Ltd. (8) Modus Selective Investment Management (6) Consolidated holding companies Mizrahi-Tefahot Trust Company Ltd. (8) (7) Investment house and Investment Consulting (8) Tefahot Insurance Agency Ltd. (8) (8) Capital market companies, including U-Bank Investments and Holdings Ltd. (8) Rosario Capital Ltd. (8) companies supplying operating services U-Bank Trust Company Ltd. (8) Mustang Mezzanine Fund Limited Partnership (credit provider) to institutions, and underwriting, trust, CAL (Cartisey Ashrai Le’Israel)–Israel D. Nonbanking corporations (consolidated companies) leasing, insurance, and asset management Credit Cards Ltd. (4) Pesagot Jerusalem Ltd. companies. a Groups on consolidated basis. The calculation is based on total assets. SOURCE: Based on published annual reports. .