The National Bank of Israel (Bank Leumi), one of Israel's largest banks, was founded in London on February 27, 1902 as Anglo Palestine; in 1932, the main branch was moved to Jerusalem; after the establishment of the State of Israel, it was allowed to issue In 1954, it became a specialized commercial bank and in 1983, it was nationalized. The bank was ranked 1143rd in the Global 2000 in 2014.