International rating company Fitch will also be downgrading Israel's banks,
reported on Sunday.
Last week Standard & Poor's cut
Bank Hapoalim (TASE:
Bank Leumi (TASE:
) to BBB+, from A-minus.
Israel Discount Bank (TASE:
) was lowered from BBBpi to Bbpi. But
United Mizrahi Bank (TASE:
) was left unchanged at BBBbi.
The new rating will be announced in early October,