Bank Discount

A full-service Israeli banking institution offering retail, commercial, private banking, credit, financing, and digital banking solutions.

Fintech & Insurtech
Active
Public Rishon LeZion, Israel Founded 1935
Website ↗
Last updated 2026-08-13
Total raised
Stage
Public
Founded
1935
Headcount
500+
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.

Q&A

What is Israel Discount Bank's primary focus as an investor?
Israel Discount Bank is one of Israel's leading banks, offering a comprehensive range of financial services to individuals and businesses, with a focus on nurturing the Israeli economy and fostering business ventures.
Where is Israel Discount Bank headquartered?
Israel Discount Bank is headquartered in Tel Aviv, Israel.
When was Israel Discount Bank founded?
Israel Discount Bank was established in April 1935.
What is the total AUM of Israel Discount Bank?
Israel Discount Bank has a total AUM of approximately $150.08 billion USD.
What sectors does Israel Discount Bank operate in?
Israel Discount Bank operates in banking, financial services, commercial banking, private banking, retail banking, and investment banking.
Which geographies does Israel Discount Bank prefer for its operations?
Israel Discount Bank prefers geographies including Israel, the US, Europe, and Latin America.
Who is the President & CEO of Israel Discount Bank?
Avi Levi serves as the President & CEO of Israel Discount Bank.
Does Israel Discount Bank have international operations?
Yes, Israel Discount Bank operates internationally through subsidiaries like IDB Bank in the US.

Team · 28

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
executives
Barak Nardi
Executive Vice President; Head - Discount Subsidiaries Division
Amit Tabac
Head of Investments and Private Banking
Guy Navon
Head of Discount Tech
Danny Yamin
Chairman
Iris Avner
External Director
Aharon Abramovich
External Director
Michal Arlosoroff
External Director
Sigal Barmack
External Director
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
retail bankingcommercial bankingprivate bankinginvestment bankingasset managementwealth management

Tags

bankingfinancial-servicesretail-bankingcommercial-bankingprivate-bankinginvestment-bankingdigital-banking
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitewww.discountbank.co.il

Identifiers & details

Legal nameISRAEL DISCOUNT BANK LIMITED
Founded1935-4
Employees (exact)4607

Acquisitions & public offerings

AcquiredDateAmount
Dexia Israel (Public Finance) Ltd.2018-09$180.0M
Mercantile Bank1944-01
Ottoman Bank (local operations)
Barclays Bank (local operations)
Hollandsche Bank-Unie (local operations)