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Israel Banks



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Bank Hapoalim Bank Hapoalim (Hebrew: בנק הפועלים‎ lit. Bank of the Workers) is the largest Israeli bank. The bank was established in 1921 by the World Zionist Organization and the Histadrut (National Israeli Trade Union). The bank operates several international branches, in the USA (New York City, Miami), in Canada, Europe (Switzerland, Luxemburg), South America, and the Cayman Islands. The bank's stock's are traded in the Tel Aviv Stock Exchange. The bank was owned by the Histadrut until 1983, when it was nationalized following the Bank Stock Crisis. The bank was held by the Israeli government until 1996 when it was sold to a group of investors led by Ted Arison. During the period of government ownership the bank grew considerably to become the largest bank in Israel (a title previously held by Bank Leumi). As of 2006 the bank employs about 10,000 employees. It is controlled by Arison Holdings, which is owned by Shari Arison.
Bank Leumi Bank Leumi (Hebrew: בנק לאומי‎, lit. National Bank) is an Israeli bank. It was founded in London as the Anglo Palestine Company on February 27, 1902 by members of the Zionist movement to promote the industry, construction, agriculture, and infrastructure of Palestine.
Bank Leumi Le Israel Throughout its history, Leumi has remained steadfast in its adherence to Jewish values combined with professional bank management. This traditional commitment has enabled the Bank to evolve into a successful and profitable world-renowned financial institution, which continues to play an integral part in the building of the State and its economy. Leumi 's history and identity are interwoven with that of the Jewish people, and we are very proud that throughout the world, Jewish communities view Leumi as their financial institution.
Bank of Israel The Bank of Israel (Hebrew: בנק ישראל‎ Arabic: بنك إسرائيل‎) is the central bank of Israel. The Bank of Israel is located in Jerusalem, with a branch office in Tel Aviv. The current governor is Stanley Fischer.
Bank Otsar Ha-Hayal Bank Otsar Ha-Hayal (unofficially spelled Otsar HaHayal) is an Israeli bank. The name literally means Treasury of the Soldier Bank. Otsar HaHayal was founded in 1946 in the British Mandate of Palestine as a means for Jewish war veterans to store their assets. It was a bank only for soldiers until 1972, and had business partners within the IDF. In 1972, it became an official bank and opened up to the general public, although it still largely kept its association with military assets. It was purchased by Bank Hapoalim in 1977. By 1996, Otsar HaHayal completely transformed into a commercial public bank. On January 24, 2006, Bank Hapoalim's share of the bank, 66%, was sold for 703 million NIS, approximately 185% of Otsar Ha-Hayal's estimated worth, to the First International Bank of Israel.
First International Bank of Israel internet & privet banking
Israel Discount Bank Israel Discount Bank Ltd. (Hebrew: בנק דיסקונט לישראל בע"מ‎), I.D.B., is one of Israel's three largest banks, with 260 branches, and assets of 171 billion NIS (US$38 billion). The Eretz Yisrael Discount Bank was founded on April 5, 1935 by Leon Recanati, a new immigrant from Greece who had been the head of the Jewish community of Thessaloniki, with two other partners, Yosef Elbaz and Moshe Karaso, in a store at 39 Yehuda Halevi St. in Tel Aviv. The bank was unique in that it was open to private customers unlike the other few dozen banks operating in Palestine at that time who mostly catered only to business people and entities. The bank complies with the ramifications of loans and interest in Judaism. In 1952, the name of the bank was changed to Israel Discount Bank. Major Holdings of the bank include Bank Mercantile Discount, shares in First International Bank of Israel, the Israel Discount Mortgage Bank, and Visa-CAL. The bank's president is Giora Ofer. Shlomo Zohar is the chairman of the board of directors.
Israel General Bank Ltd. Worldwide bank that operates mainly with large organizations involved in the capital market: insurance companies, mutualfunds, brokers, provident funds and public sector companies. The bank offers customers reliable and efficient services at the personal level and also close management attention.
Mercantile Discount Bank Ltd. Provides information on a broad and divers basket of services,credit lines,mortgages and investments including a broad range of deposit and savings schemes,Provides clients with access to online banking services via the Internet
Mizrahi Bank Mizrahi Tefahot is Israel's fourth largest bank by assets and offers a complete range of international, commercial, domestic and personal banking services.
Union Bank of Israel The Union Bank of Israel, Ltd., more widely known by its Hebrew name, Bank Igud, pronounced Eegude, (בנק אגוד) is the sixth largest Israeli bank with thirty branches spread around the country. The bank complies with the ramifications of loans and interest in Judaism. Zeev Abeles is the chairman of the board of directors.
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Above may be not an exhaustive list of banks in this country. Also, the information might be outdated or wrong.

Some of the information placed above may have been taken from:
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www.quazell.com/bank
www.business.com
www.yemensites.com
www.hivietnam.biz
www.banks.az
mbendi.co.za

Information from Wikipedia is available under the terms of the GNU Free Documentation License.





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