Description: Mizrahi Tefahot Bank Ltd., together with its subsidiaries, provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel, Switzerland, and internationally. It operates through six segments: Household, Small Business, Private Banking, Commercial Banking, Business Banking, and Financial Management. The company offers checking, savings, and deposits accounts; and loans, such as instant, home renovation, auto, all-purpose, student, and business; mortgages; and credit cards. It also provides foreign trade services, including import, export, and documentary credit; bank guarantees; transactions in foreign currency, which include trading in derivative instruments, factoring services, and investments in deposits and securities; financing of real estate and construction projects; mergers and acquisitions services; and private and online banking services. In addition, the company offers capital market services, including consultancy for capital market activities, distribution of mutual funds, management of securities portfolios for clients, pension advisory service, trust services, provision of registration services; operates provident funds, mutual funds, and insurance incidental to mortgages; and participates in syndication transactions, as well as engages in credit operations. As of December 31, 2021, it operated through a network of 225 branches and business centers, including 52 Bank Yahav branches and 29 Union Bank branches in Israel; and two bank affiliates. The company was formerly known as United Mizrahi Bank Limited and changed its name to Mizrahi Tefahot Bank Ltd. in November 2005. The company was incorporated in 1923 and is headquartered in Ramat Gan, Israel.
Home Page: www.mizrahi-tefahot.co.il
7 Jabotinsky Street
Ramat Gan,
5252007
Israel
Phone:
972 3 755 9000
Officers
| Name | Title |
|---|---|
| Mr. Moshe Lari M.B.A. | Pres & CEO |
| Mr. Adi Shachaf | Deputy Director Gen., Director of the Fin. Division & CFO |
| Mr. Ofir Morad | Deputy Director Gen. & Director of the Bus. Banking Division |
| Ms. Shevy Shemer | Exec. VP & Head of Retail |
| Mr. Nissan Levy | Deputy Director Gen., Head of Human Capital, Resources & Operations Division |
| Mr. Menahem Aviv | Deputy Director Gen., Head of Financial Reporting & Information Division and Chief Accountant |
| Ms. Ayala Hakim | Chief Information Officer & CEO of Mizrahi Tefahot Technology Division Ltd. |
| Ms. Rachel Friedman | Deputy Director Gen., Chief Legal Adviser & Director of the Legal Division |
| Terry Yaskil | Deputy Director Gen. and Head of Marketing, Advter. & Bus. Devel. |
| Mr. Doron Klausner | EVP, Head of? Risk Control Div., Deputy Director Gen., Director of the Risk Control Div. & CRO |
Exchange: TA
Country: IL : Israel
Currency: Israeli Agora (ILA)
| GIC Sector: | Financials |
|---|---|
| GIC Group: | Banks |
| GIC Industry: | Banks |
| GIC Sub-Industry: | Diversified Banks |
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 7.3711 |
| Price-to-Book MRQ: | 1.3177 |
| Price-to-Sales TTM: | 2.4247 |
| IPO Date: | |
| Fiscal Year End: | December |
| Full Time Employees: | 7632 |