MZTF · Mizrahi Tefahot Bank Ltd

Description

Mizrahi Tefahot Bank Ltd. engages in the provision of banking and mortgage services. It operates through the following segments: Households, Private Banking, Micro and Small Businesses, Medium Businesses, Large Businesses, Institutional Investors, Financial Management, and Overseas Operations. The Households segment covers individuals other than customers of the private banking segment. The Private Banking segment covers individuals managing financial assets portfolios in amounts exceeding NIS 3 Million. The Micro and Small Businesses segment covers businesses with operations turnover in the amount of up to NIS 50 Million. The Medium Businesses segment covers businesses with operations turnover in the amount exceeding NIS 50 Million and below NIS 250 Million. The Large Businesses segment covers businesses with operations turnover in the amount exceeding NIS 250 Million. The Institutional Investors segment covers businesses that own pension funds, education funds, mutual funds, exchange-traded notes, insurance companies, and stock exchange members. The Financial Management segment includes trading activities, assets and liabilities management, and real investments. The Overseas Operations segments pertains activities done outside of Israel. The company was founded in 1923 and is headquartered in Lod, Israel.