Discount Bank

Discount Bank

Key information:


Owner: Public

CEO: Lilac Asher-Topilsky

Key Branch Address: 27-31 Yehuda Halevi, Tel Aviv

Bank #: 11

Phone number: 03-514-5555

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Israel Discount Bank (בנק דיסקונט לישראל) is one of Israel’s ‘big three’ banks. Discount has around 260 branches and 5,700 staff and a fairly significant American presence.

In the United States Discount trades as Israel Discount Bank of New York (IDBNY).

Discount Bank Products:

Discount 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. Discount is also involved in insurance and owns the ‘Cal’ credit card company.

Last year key data:

Revenue: ₪4.75 billion