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Bank Leumi (UK) plc

Overview:

In providing private banking services, Bank Leumi (UK) builds upon over a century of experience and the added benefits of belonging to one of the world’s major international banking groups.

We offer our private clients an extensive range of deposit accounts, together with investment through an advisory and execution-only service, a full range of structured products, and foreign exchange & hedging facilities provided through our own highly innovative treasury dealing room.

Above all, we recognise the importance of developing and maintaining close long-lasting relationships with our customers; this is why each of our customers is assigned a dedicated relationship manager who will attend to any needs and requests in a prompt and professional manner.

An extended range of offshore private banking services is provided through our two subsidiaries in Jersey.

Bank Leumi (Jersey) Limited specialises in providing various off- shore private banking services to clients who are UK resident but non domiciled and Leumi Overseas Trust Corporation Ltd (LOTC) provides Administration Services for trusts, companies and foundations that are created as part of estate or fiscal planning. LOTC also provides Family Office Services for international wealth planning.

History:

Leumi means ‘national’. It’s a reflection of the role we have played in the foundation and support of the State of Israel over the last century.

At the end of the 19th century, Theodore Ze’ev Herzl and several colleagues founded the Jewish national movement – Zionism. To support the new movement, Herzl identified the need for a financial institution to serve it. That led to the creation of the Jewish Colonial Trust (Otzar Hityashvuth Hayehudim) on March 20, 1899.

The Trust’s subsidiary in Palestine — the Anglo-Palestine Company (APC) — was incorporated in London in 1902. In 1930 it was renamed the Anglo-Palestine Bank (APB). This was the forerunner to Bank Leumi.

From the opening of its first branch in Jaffa in 1903, APB played a key role in financing the development of the State of Israel. It performed the function of the Central Bank from 1948 until the Bank of Israel was established in 1954.

Bank Leumi-le-Israel was incorporated during that time. The business and assets of APB were transferred to the new Head Office in Tel-Aviv.

Today, the Bank Leumi Group is a leading financial institution with a significant global presence. Our ongoing success is largely due to our continuing commitment to clients, stockholders and employees. Working together through long-lasting relationships, we are continually investing in a better, brighter future.

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Ascent Limited

Experience The Difference. Ascent Limited provides first class wealth management and family office services. Our private banking team, assembled from a group of highly experienced banking professionals, will provide financial advice tailored to your individual requirements and keep your portfolio in tune with the latest market developments and opportunities.

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