Mizrahi Tefahot Bank Ltd.

Mizrahi Tefahot Bank Ltd. is a comprehensive financial institution that delivers a wide spectrum of banking services. Catering to both individual and corporate clients, its operations extend across Israel, Switzerland, and various international locations. The bank is structured into six key operational segments and offers a diverse range of products. These include various deposit options like checking, savings, and term accounts, alongside an extensive suite of lending solutions. Clients can access personal loans for purposes such as home renovations, vehicle purchases, or general needs, as well as student loans, business financing, mortgages, and credit cards. Beyond everyday banking, Mizrahi Tefahot facilitates international commerce through foreign trade services, including import/export and documentary credit, and offers foreign currency transactions, derivative instruments, and factoring. It also provides specialized financing for real estate and construction ventures, alongside mergers and acquisitions advisory. The institution further expands its offerings into wealth management and investment, with capital market consultancy, mutual fund distribution, securities portfolio management, and pension advisory. Additional services encompass trust provisions, the operation of provident and mutual funds, mortgage-related insurance, participation in syndication transactions, and various other credit operations. Clients also benefit from both private and online banking platforms. As of December 31, 2021, Mizrahi Tefahot Bank maintained a significant physical presence with 225 branches and business centers. This network included 52 branches from Bank Yahav and 29 from Union Bank in Israel, supplemented by two international bank affiliates. Originally incorporated in 1923, the company was known as United Mizrahi Bank Limited until its rebranding to Mizrahi Tefahot Bank Ltd. in November 2005. Its corporate headquarters are situated in Ramat Gan, Israel.