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Bank Mizrahi-Tefahot

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Bank Mizrahi-Tefahot
FormerlyBank Mizrahi
Company typePublic
TASEMZTF
IndustryBanking
Founded1923; 101 years ago (1923)
FounderMizrachi movement
Headquarters,
Area served
Israel
Key people
Eli Yonas (CEO)
Yaakov Peri (Chairman)
ServicesFinancial services
RevenueIncrease 4.78 billion (2012) 4.61 billion (2011)
Increase 1.07 billion (2012) 1.05 billion (2011)
Number of employees
3,827 (2007)
Websitewww.mizrahi-tefahot.co.il
Footnotes / references
[1]

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

History

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

Banking in Israel

References

  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