September 18, 2014 2:47 PM ET

Banks

Company Overview of Israel Discount Bank Limited

Company Overview

Israel Discount Bank Ltd., together with its subsidiaries, provides a range of corporate and retail financial products and services in Israel and internationally. It offers current account management; deposits; loans for the purchase, lease, enlargement, renovation, or construction of a residential unit; and loans for various purposes secured by a mortgage on a residential unit. The company also provides financing to foreign trade activity and the trading desk, investments for maintaining and expanding activity, acquisitions and mergers, and for credit to capital market operators; participates in credit and/or risk offered by the local banks or foreign financial institutions extending credit...

31 Yehuda Halevi Street

Tel Aviv,  

Israel

Founded in 1935

9,877 Employees

Phone:

972 3 514 6355

Fax:

972 3 514 6287

Key Executives for Israel Discount Bank Limited

Chief Executive Officer of IDB New York and President of IDB New York
Total Annual Compensation: $2.2M
Chief Executive Officer of Israel Discount Capital Market & Investments and President of Israel Discount Capital Market & Investments
Total Annual Compensation: $884.0K
Chief Lending Officer of IDB New York and Executive Vice President of IDB New York
Total Annual Compensation: $1.9M
Chief Accountant
Total Annual Compensation: $1.1M
Senior Executive Vice President and Head of Banking Division
Age: 56
Total Annual Compensation: $1.1M
Compensation as of Fiscal Year 2013.

Israel Discount Bank Limited Key Developments

Israel Discount Bank Limited Presents at Barclays 2014 Global Financial Services Conference, Sep-08-2014

Israel Discount Bank Limited Presents at Barclays 2014 Global Financial Services Conference, Sep-08-2014 . Venue: Hilton Midtown, 1335 Avenue of the Americas, New York, New York, United States. Speakers: Tamar Koblenz, Head of IR, Uri Levin, Chief Financial Officer and Senior Executive Vice President.

Israel Discount Bank Limited Announces Earnings Results for the Second Quarter Ended June 30, 2014

Israel Discount Bank Limited announced earnings results for the second quarter ended June 30, 2014. The company reported net profit fell 27% to ILS 192 million compared with ILS 263 million in the corresponding quarter. Without the special expenses for early retirement and other programs second quarter profit would have been ILS 313 million, a 19% rise. Net return on equity of 6.3% in the second quarter compared with 9% in the corresponding quarter of 2013. Without the aforementioned special expenses net return on equity would have been 10.3%. Interest income was ILS 1,581 million compared to ILS 1,758 million a year ago. Net interest income after credit loss expenses was ILS 1,135 million compared to ILS 900 million a year ago. Income before taxes was ILS 281 million compared to ILS 320 million a year ago. Net income attributed to Bank's shareholders was ILS 192 million compared to ILS 263 million a year ago.

Israel Discount Bank Limited Presents at UBS Best of Israel One on One 2014 Conference, Sep-03-2014

Israel Discount Bank Limited Presents at UBS Best of Israel One on One 2014 Conference, Sep-03-2014 . Venue: London, United Kingdom. Speakers: Lilach Asher-Topilsky, Chief Executive Officer and President, Tamar Koblenz, Head of Investor Relations, Uri Levin, Chief Financial Officer and Senior Executive Vice President.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 15, 2014
First International Bank of Israel Ltd.
Merger/Acquisition
September 4, 2014
--
Merger/Acquisition
September 4, 2014
--
 

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