The international rating agency Fitch has raised its outlook on the credit rating of leading Israeli banks – Leumi, Hapoalim, Mizrahi Tefahot, Discount and Benileumi – from negative to stable. At the same time, the rating itself remained unchanged and is A-.
“The decision reflects the fact that banks have coped with the problems that Israel faced since the outbreak of war, as well as the fact that risks have reduced. Economic activity in Israel has returned to normal, which creates conditions for growth,” The Marker quotes the Fitch report.