September 24, 2019 / 3:14 PM / 20 days ago

Israel's Bank Hapoalim to pay 1 bln shekel dividend

JERUSALEM, Sept 24 (Reuters) - Bank Hapoalim, Israel’s largest lender, said on Tuesday its board approved payment of a 1 billion shekel ($286 million) cash dividend.

The dividend stems from the sale of 65% of its credit card unit Isracard in the second quarter, the bank said in a statement.

$1 = 3.4979 shekels Reporting by Steven Scheer; Editing by Tova Cohen

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