Israel Discount Bank Ltd. (OTCMKTS: ISDAY) is a full-service commercial bank established in Tel Aviv in 1935. The institution provides a comprehensive array of financial products and services, including deposit-taking, lending, trade finance, asset management and capital markets solutions. Its operations span retail, corporate, and private banking, catering to individuals, small and medium-sized enterprises (SMEs) and larger corporations.
In its retail division, Israel Discount Bank offers current and savings accounts, credit cards, mortgages, personal loans and digital banking platforms for online and mobile transactions. Corporate and commercial clients benefit from working capital financing, trade and export finance, treasury and cash management services. The bank’s private banking arm delivers tailored wealth management, investment advisory, portfolio management and trust services to high-net-worth clients.
The bank serves the Israeli market through an extensive branch network and via its subsidiary, Mercantile Discount Bank. It also maintains an international presence with representative offices and subsidiaries in major financial centers including New York, London, Zurich and Hong Kong. This global footprint supports cross-border trade, correspondent banking and investment activities for both domestic and international customers.
Governed by a board of directors and seasoned executive leadership, Israel Discount Bank has pursued a strategy of digital innovation and operational resilience. The institution continually upgrades its online and mobile platforms to improve customer experience and enhance efficiency. It also upholds rigorous risk management and compliance practices to navigate evolving regulatory requirements and market dynamics.
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