Israel s First International Bank offers dividend after profit surges reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Israel Discount Bank reported a higher-than-expected gain in quarterly profit as the country's economy continued to recover from the coronavirus crisis, allowing it to gradually unwind large loan default provisions made last year.
Bank Hapoalim (POLI.TA) reported a higher-than-expected jump in quarterly net profit, helped by a continued reversal of provisions to protect against loan defaults during the pandemic.
The initial success of Israel's COVID-19 vaccination roll-out that enabled an opening of the economy bolstered growth in the second quarter, official figures showed on Monday.
Mizrahi Tefahot (MZTF.TA), Israel's third-largest bank, reported a higher-than-expected 174% jump in second-quarter profit due to a reversal of provisions made in 2020 to cope with the COVID-19 pandemic, and said it would distribute a special dividend.