Last updated 2026-09-23
- Acquired Paybox Ltd. for $77M, Jun 2024
- Acquired Dexia Israel (Public Finance) Ltd. for $180M, Sep 2018
- Acquired Barclays Bank (local operations), Jan 1970
Total raised
—
Stage
Public
Founded
1935
Headcount
7,344
HQ
Rishon LeZion, Israel
Sector
Fintech & Insurtech
About
Israel Discount Bank, also known as Discount Bank, is a major Israeli banking institution providing a comprehensive range of financial services to individuals and businesses. Its offerings include retail banking, commercial banking, private banking, credit cards, investment banking, portfolio management, and digital banking solutions. The bank operates through a network of branches in Israel and has international operations through subsidiaries. It is a public company listed on the Tel Aviv Stock Exchange.
Acquisitions · 6
Jun 2024
Paybox Ltd.
$77.0M
Sep 2018
Dexia Israel (Public Finance) Ltd.
$180.0M
Jan 1970
Barclays Bank (local operations)
Undisclosed
Jan 1944
Mercantile Bank
Undisclosed
Date unknown
Ottoman Bank (local operations)
Undisclosed
Date unknown
Hollandsche Bank-Unie (local operations)
Undisclosed
Offices
Rishon LeZion, Israel · HQ / main office
Q&A
- What is Bank Discount's primary sector?
- Bank Discount's primary sector is Fintech & Insurtech.
- When was Bank Discount founded?
- Bank Discount was founded in April 1935.
- Who are the founders of Bank Discount?
- The founders of Bank Discount are Leon Recanati, Yosef Albo, and Moshe Carasso.
- What is the current employee count for Bank Discount?
- Bank Discount has over 500 employees.
- What was Bank Discount's most recent acquisition?
- In June 2024, Bank Discount acquired Paybox Ltd. for $77,000,000.
- What was Bank Discount's strategic investment in November 2024?
- In November 2024, Bank Discount made a strategic investment of $150,000,000 in IDBNY.
- Who is the current CEO of Bank Discount?
- Avi Levi is the Chief Executive Officer of Bank Discount.
- Who is the Chairman of the Board for Bank Discount?
- Danny Yamin is the Chairman of the Board for Bank Discount.
Team · 27
Leon Recanati
Founder · founders
Yosef Albo
Founder · founders
Moshe Carasso
Founder · founders
Avi Levi
Chief Executive Officer
Hila Eran Zick
Executive VP, Head of the Corporate Division
Assaf Eldar
Executive VP, Head of the Banking Division
Elad Fisher
Executive VP, Head of the Capital Markets Division
Efrat Keinan
Executive VP, Head of the Operations & Properties Division
Adi Kaplan
Executive VP, Head of the Technologies Division
Orit Caspi
Executive VP, Chief Risk Officer and Head of the Risk Management Division
Roni Levi Kimhi
Executive VP, Head of the Human Resources Division
Nir Abel
Executive VP, Internal Auditor and Head of the Internal Audit Division
Joseph Beressi
Senior Executive VP, Chief Accounting Officer, and Head of the Accounting Division
Hadar Brin Weiss
Executive VP, Chief Legal Adviser and Head of the Legal Advisory Division
Morris Dorfman
Executive Vice President, CFO, Head of Strategy, Finance & Holdings Division
Amit Tabac
Head of Investments and Private Banking
Guy Navon
Head of Discount Tech
Danny Yamin
Chairman of the Board
Iris Avner
External Director
Aharon Abramovich
External Director
Michal Arlosoroff
External Director
Sigal Barmack
External Director
Prof. Ben-Zion Zilberfarb
Director
Keren Kibovich
Director
Ofer Levi
External Director
Ari Pinto
External Director
Sigal Regev
External Director
Sectors & technology
Primary sector
Fintech & Insurtech
Technologies
Target customers
Business model
B2CB2B
Tags
bankingfinancial-servicesretail-bankingcommercial-bankingprivate-bankinginvestment-bankingdigital-banking
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | www.discountbank.co.il |
|---|---|
| Wikipedia | en.wikipedia.org/wiki/Discount_Bank_Tower |
| Wikidata | wikidata.org/wiki/Q2882599 |
Identifiers & details
| Legal name | ISRAEL DISCOUNT BANK LIMITED |
|---|---|
| Founded | 1935-4 |
| Employees (exact) | 7344 |
| Wikidata QID | Q2882599 |
Acquisitions & public offerings
| Acquired | Date | Amount |
|---|---|---|
| Paybox Ltd. | 2024-06 | $77.0M |
| Dexia Israel (Public Finance) Ltd. | 2018-09 | $180.0M |
| Barclays Bank (local operations) | 1970-01 | |
| Mercantile Bank | 1944-01 | |
| Ottoman Bank (local operations) | ||
| Hollandsche Bank-Unie (local operations) |
Radar intelligence
Web history (Wayback)
| Domain | discountbank.co.il |
|---|
Wikidata
| QID | Q2882599 |
|---|