Bank Leumi Achieves High Ranking for Innovation and AI in MENA Region
Bank Leumi ranks second in MENA region for innovation, first in Israel for AI implementation
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Bank Leumi has been ranked second for innovation among banks in the Middle East and first in Israel for AI implementation, according to the Evident AI Index for Banks - MEA. The bank's comprehensive AI ecosystem and significant investments in AI have driven this recognition.
- 01Bank Leumi ranked second in the Middle East for innovation according to the Evident AI Index for Banks - MEA.
- 02The bank is recognized as Israel's leading institution for AI adoption, enhancing customer service and operational efficiency.
- 03Hanan Friedman, CEO of Bank Leumi, emphasized the bank's commitment to personalized banking through AI.
- 04The bank reported an impressive efficiency ratio of 29.1% in its first quarter financial results for 2026.
- 05Bank Leumi has established an advanced AI Center to oversee and develop AI-based products.
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Bank Leumi has achieved notable recognition by ranking second in the Middle East for innovation and first in Israel for artificial intelligence (AI) implementation, as per the Evident AI Index for Banks - MEA. This ranking reflects the bank's robust AI ecosystem, which includes 'Garage Ventures', its investment arm focused on AI and data startups. Hanan Friedman, the bank's CEO, stated that AI is transforming banking by providing personalized, real-time responses to customer needs and enhancing operational efficiency. The bank has invested significantly in AI, establishing an advanced AI Center that manages various AI-driven products. This commitment has resulted in an efficiency ratio of 29.1% for the first quarter of 2026, making it one of the best globally. Friedman expressed pride in the bank's pioneering role in the AI revolution in Israel, highlighting the international recognition of its efforts in this field.
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Bank Leumi's advancements in AI are expected to enhance customer service and operational efficiency in the banking sector.
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