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Published on 12/6/2011 in the Prospect News Emerging Markets Daily.

S&P affirms Israeli banks

Standard & Poor's said it reviewed its ratings on three Israeli banks by applying its new ratings criteria for banks.

The following is a list of the affected banks and ratings actions:

• Hapoalim BM affirmed at BBB+/stable/A-2;

• Bank Leumi le-Israel BM affirmed at BBB+/stable/A-2; and

• Israel Discount Bank Ltd. affirmed at BBB-/stable/A-3.


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