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Clal Insurance Subsidiary Updates Agreement with Bank Leumi

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Clal Insurance Subsidiary Updates Agreement with Bank Leumi

Clal Insurance ( (IL:CLIS) ) has shared an announcement.

Clal Insurance’s subsidiary, Max It Finance Ltd, has signed a correction to its agreement with Bank Leumi, extending the agreement period until January 31, 2031, and adjusting conditions for exercising options and income distribution. This update, which includes a commitment from the bank to maintain minimum issuance volumes, is not expected to materially impact Max’s business results.

More about Clal Insurance

Clal Insurance Enterprises Holdings Ltd is a prominent player in the insurance industry, offering a wide range of insurance products and services. The company operates through subsidiaries, including Max It Finance Ltd, and is listed on the Tel Aviv Stock Exchange.

YTD Price Performance: 15.41%

Average Trading Volume: 244,435

Technical Sentiment Consensus Rating: Buy

Current Market Cap: ILS8.03B

See more data about CLIS stock on TipRanks’ Stock Analysis page.

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