Israel Discount Bank Company Description
Israel Discount Bank Limited, together with its subsidiaries, provides various banking and financial services in Israel, Europe, and North America.
The company operates through Retail Banking, Middle Market Banking, Corporate Banking, Financial Operations, Discount Capital, Discount Bancorp, Israel Credit Cards Company, and Other segments.
Its personal banking services include checking accounts, deposits and savings products, loans, mortgages, credit cards, pension advice, capital market products, consulting services, and tax exemption services.
The company’s business banking services comprise lending of securities, credit facilities, short- and long-term deposits, OTC financial instruments, and brokerage and transaction room services; foreign securities; interest products; foreign exchange products; and consulting for business and commercial clients.
In addition, it provides Israeli private banking, international banking, digital baking services on the internet, mobile, and other channels.
Further, it manages securities investment portfolios for private customers, corporations, not-for-profit organizations, and institutional bodies; initiates and assists public offerings and private placements; and invests in companies, private equity funds, venture capital funds, and banking field, as well as provides underwriting and distribution services.
Additionally, the company offers digital financial services; operates a payment platform; and engages in accepting deposits, as well as provides consumer credit and credit to small and medium businesses.
Israel Discount Bank Limited was incorporated in 1935 and is based in Rishon LeZion, Israel.

Country | Israel |
Founded | 1935 |
Industry | Banks - Regional |
Sector | Financials |
Employees | 8,625 |
CEO | Avraham Levy |
Contact Details
Address: 1 Discount Street Rishon LeZion Israel | |
Phone | 972 3 9439111 |
Website | discountbank.co.il |
Stock Details
Ticker Symbol | DSCT |
Exchange | Tel Aviv Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | ILS |
ISIN Number | IL0006912120 |
SIC Code | 6020 |
Key Executives
Name | Position |
---|---|
Avraham Levy | President and Chief Executive Officer |
Joseph Beressi CPA | Senior EVice President, Comptroller, Chief Accounting Officer and Head of the Accounting Division |
Assaf Eldar | Executive Vice President and Head of Banking Division |
Hila Eran-Zick | Senior Executive Vice President and Head of Corporate Division |
Sagy Aseraf | EVice President, Head of International Private Banking and Regional Manager of Florida-IDB New York |
Assaf Pasternak | Executive Vice President and Head of Strategy and Finance Division |
Efrat Keinan CPA | Executive Vice President and Head of Operations and Properties Division |
Adi Kaplan | Executive Vice President and Head of Technologies Division |
Gad Barlev | Head of Investor Relations |
Hadar Brin-Weiss | Executive Vice President, General Legal Counsel and Head of Legal Division |