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FM: We'll Privatize Leumi & Discount Banks in 2010
Reported: 15:14 PM - Nov/02/09
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(IsraelNN.com) Finance Minister Yuval Steinitz said Monday in a speech in Tel Aviv that the Treasury intends to privatize Bank Leumi and Discount Bank in 2010.
"We have made a clear decision to sell the state's share in Bank Leumi and the Israel Discount Bank and we are seriously considering making the sale without retaining a controlling share. Probably already during 2010 we will privatize the two banks," said the minister.
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