Israel Discount Bank Limited (DSCT.TA)

1,856.00 -34.00 (-1.80%) At close: 05:24PM IDT

Israel Discount Bank Limited

1 Discount Street
Rishon Le Zion
Israel
972 3 9439111
https://www.discountbank.co.il

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 8,404

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Avraham Levi	Chief Executive Officer	4.29M	N/A	1966
Mr. Joseph Beressi CPA	Senior Executive VP, Treasurer, Chief Accountant & Head of Group Accounting Division	2.69M	N/A	1955
Mr. Barak Nardi CPA	Executive VP & Head of Discount Subsidiaries Division	2.99M	N/A	1974
Mr. Assaf Eldar	Executive VP & Head of Banking Division	5.73M	N/A	1975
Ms. Hila Eran Zick	Senior Executive VP & Head of Corporate Division	2.87M	N/A	1968
Mr. Sagy Aseraf	EVP, Head of International Private Banking & Regional Manager of Florida-IDB New York	4.17M	N/A	N/A
Mr. Assaf Pasternak	Executive VP and Head of Strategy & Finance Division	3.06M	N/A	1971
Efrat Keinan CPA	Executive VP and Head of Operations & Properties Division	N/A	N/A	1975
Mr. Adi Kaplan	Executive VP & Head of Technologies Division	3.09M	N/A	1973
Mr. Gad Barlev	Head of Investor Relations	N/A	N/A	1973

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in ILA.

Description

Israel Discount Bank Limited, together with its subsidiaries, provides various banking and financial services in Israel, Europe, and North America. The company operates through Retail Banking, Middle Market Banking, Corporate Banking, Financial Operations, Discount Capital, Discount Bancorp, Israel Credit Cards Company, and Other segments. Its personal banking services include checking accounts, deposits and savings products, loans, mortgages, credit cards, capital market products, consulting services, and tax exemption services. The company's business banking services comprise lending of securities, credit facilities, short- and long-term deposits, OTC financial instruments, and brokerage services; foreign securities; interest products; foreign exchange products; and consulting for business and commercial clients. In addition, it provides Israeli private banking, international banking, digital baking services on the internet, mobile, and other channels. Further it manages securities investment portfolios for private customers, corporations, not-for-profit organizations, and institutional bodies; and initiates and advises public offerings and private placements, as well as provides underwriting and distribution services. Israel Discount Bank Limited was incorporated in 1935 and is based in Rishon Le Zion, Israel.

Corporate governance

Israel Discount Bank Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.