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Bank Leumi Le-Israel BM
BLMIF reported a drop in its 2011 net profit.
Bank Leumi's net profit last year declined to 1.89 billion shekels ($507 million), versus ILS2.33 billion in 2010. Bank Leumi's banking income fell to ILS7.55 billion from ILS7.43 billion.
Bank Leumi's fourth-quarter net profit rose to ILS618 million, versus ILS496 million, in the year-ago period.
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