Israel Discount Bank
32°3′42.30″N 34°46′13.72″E / 32.0617500°N 34.7704778°E
Native name | בנק דיסקונט לישראל בע"מ |
|---|---|
| Company type | Public |
| TASE: DSCT | |
| Industry | Banking Financial services |
| Founded | Tel Aviv, Mandatory Palestine 5 April 1935 |
| Headquarters | , |
Key people | Shaul Kobrinsky (Chairman) Uri Levin (CEO) |
| Products | Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management |
| Services | Financial services |
| Revenue | ₪ 9.02 billion (2018) |
| ₪ 1.5 billion (2018) | |
| Total assets | ₪ 239.1 billion (2018) |
| Total equity | ₪ 17.1 billion (2018) |
| Website | www |
Israel Discount Bank, Ltd. (Hebrew: בנק דיסקונט לישראל) is an Israeli banking institution that offers a range of financial services, including retail banking, commercial banking, private banking, and financial services. The bank, headquartered in Tel Aviv, operates 112 branches throughout Israel.
Founded on 5 April 1935 in Tel Aviv, Mandatory Palestine, the bank has grown to become a significant player in the Israeli banking industry. It is a public company listed on the Tel Aviv Stock Exchange under the symbol DSCT and is included in the Tel Aviv 35 Index.
The bank's product portfolio includes credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, and wealth management. It serves its customers through various channels including physical branches, online banking, and mobile banking.
As of 2018, the bank reported revenues of ₪ 9.02 billion, operating income of ₪ 1.5 billion, assets of ₪ 239.1 billion, and equity of ₪ 17.1 billion. The current CEO is Uri Levin, with Shaul Kobrinsky serving as the chairman.