Israel Discount Bank Ltd (DSCT)

Israel Discount Bank Limited, together with its subsidiaries, provides various banking and financial services in Israel, Europe, and North America. The company operates through Retail Banking, Middle Market Banking, Corporate Banking, Financial Operations, Discount Capital, Discount Bancorp, Israel Credit Cards Company, and Other segments. Its personal banking services include checking accounts, deposits and savings products, loans, mortgages, credit cards, capital market products, consulting services, family banking programs, and tax exemption services. The company’s business banking services comprise small business funds and loans; discount business key and personal account services; commercial business, corporate banking, and capital market consulting services; and foreign trade services, comprising documentary collection and credit, foreign guarantee, export financing, online foreign trade, anti-money laundering, and international financial institutions and correspondent banking services. In addition, it provides Israeli private banking, international banking, tele bank, and online banking services; and foreign currency transfers and codes, exchange rates, and ATM services. Further it manages securities investment portfolios for private customers, corporations, not-for-profit organizations, and institutional bodies; and initiates and assists public offerings and private placements, as well as provides underwriting and distribution services. Israel Discount Bank Limited was incorporated in 1935 and is based in Tel Aviv, Israel.