Company Profile
Mizrahi Tefahot Bank provides various banking services in Israel and globally. Its business is organized into six segments: Household, Small Business, Private Banking, Commercial Banking, Business Banking, and Financial Management. The company offers checking accounts, including priority, manager, preferred employee, married, business, soldiers', and student accounts.
Its portfolio also includes private banking services, mortgages, deposit and savings plans, such as short, medium, and long-term, immediate, liquid, monthly income, and 4-year fixed term short, medium, and long-term liquid deposits, savings by direct debit, and carambola Instant, home renovation, auto, all-purpose, student, and business loan products; and credit cards. Additionally, it offers business checking account.
Its portfolio also includes service package comprising professional business banker, various communication channels, and digital banking, financing solutions, which include state-backed loans for small businesses and energy optimization, loans for small and medium businesses, checks and credit cards discounting, and factoring, international trade and financing, and deposits for business owners
Financial tools for closing deals abroad, such as opening and maintaining documentary credits. Its portfolio also includes discounting bills or commitments by foreign banks or companies, forfaiting and transit transactions, handling documentary collections, financing exports, international trade transactions, medium to long-term transactions, structured trade finance, and guarantees, advances, execution, and financial guarantees for overseas activity.
Incorporated in 1923 and headquartered in Ramat Gan, Israel, Mizrahi Tefahot Bank was formerly known as United Mizrahi Bank Ltd. before rebranding in November 2005. Mizrahi Tefahot Bank Ltd. operates as a subsidiary of Mizrahi Tefahot Registration Company Ltd.