Bank Mizrahi-Tefahot

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Bank Mizrahi-Tefahot
Type Public
Traded as TASEMZTF
Industry Banking
Founded 1923 (as Bank Mizrahi)
Founder(s) Mizrachi movement
Headquarters Ramat Gan, Israel
Area served Israel
Key people Eli Yonas (CEO)
Yaakov Peri (Chairman)
Services Financial services
Revenue

Increase 4.78 billion (2012)

4.61 billion (2011)
Net income

Increase 1.07 billion (2012)

1.05 billion (2011)
Employees 3,827 (2007)
Website www.mizrahi-tefahot.co.il
References: [1]
Bank Mizrahi historical head office in Rothschild Boulevard

Bank Mizrahi-Tefahot (Hebrew: בנק מזרחי טפחות‎) is a bank in Israel. The fourth largest in the country,[2] it has around 140 branches. The bank is the largest among Israel's mortgage lenders.[1]

History[edit]

Bank Mizrahi-Tefahot was formed by a merger of Bank Mizrahi HaMeuhad and Bank Tefahot in 2004.

Bank Mizrahi was established in 1923 by the Mizrachi movement and later merged with Bank Hapoel HaMizrachi to form Bank Mizrahi HaMeuhad (United Mizrachi Bank).

See also[edit]

Banking in Israel

References[edit]

  1. ^ a b "Israeli Mizrahi Tefahot Bank's Fourth-Quarter Net Profit Falls". Fox Business. Dow Jones Newswires. 18 March 2013. Retrieved 26 March 2013. 
  2. ^ Overview Bank Mizrahi-Tefahot

External links[edit]