Israel Discount Bank
| Israel Discount Bank
|
|
|---|---|
 |
|
| legal form | Ltd. |
| ISIN | IL0006912120 |
| founding | 1935 |
| Seat |
Tel Aviv Israel
|
| management | Shaul Kobrinsky |
| Number of employees | around 5,700 (as of 2008) |
| Branch | Banking |
| Website | www.discountbank.co.il |
Israel Discount Bank Ltd. ( IDB ) is an Israeli company with headquarters in Tel Aviv . The company is listed in the TA-100 Index on the Tel Aviv Stock Exchange .
IDB operates as a credit institution in Israel. The company employs around 5,700 people (as of 2008). The company was founded in Tel Aviv in 1935 under the name Eretz Yisrael Discount Bank by the Greek Leon Recanati, who immigrated to Israel . In 1952 the company's name was changed to Israel Discount Bank . IDB is currently headed by Joseph Bachar and Giora Offer . Subsidiaries are Mercantile Discount Bank , Discount Mortgage Bank and IDB Bank of New York .
There are 114 branches.