Bank Mizrahi

 

bank-mizrahi_eng-logo

Key information:

Website: www.mizrahi-tefahot.co.il/en/

Owner: Public

CEO: Eli Yonas

Key Branch Address: 7 Jabotinsky Street, Ramat Gan

Bank #: 20

Phone number: 03-755-9000

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About:

Bank Mizrahi-Tefahot is the fourth biggest bank in Israel. It has approximately 140 branches. Although Bank Mizrahi is a major commercial bank it is Israel’s foremost mortgage lender.

Bank Mizrahi is traded on the Tel Aviv Stock Exchange, but the controlling shareholders, the Ofer and Wertheim Group own 44.38%. They recently aquired Bank Yahav, taking their overall number of branches to 177.

Products:

Mizrahi has most of the financial products and services one might expect form a major international bank. Services include private banking, business banking, credit card issuing, loans, mortgages, investment banking and pension advice.

Last year key data:

Revenue: ₪4.78 billion

Net income: ₪1.07 billion