Israel Discount Bank

32°3′42.30″N 34°46′13.72″E / 32.0617500°N 34.7704778°E / 32.0617500; 34.7704778

Israel Discount Bank, Ltd.^[1]

Native name	בנק דיסקונט לישראל בע"מ
Company type	Public
Traded as	TASE: DSCT
Industry	Banking Financial services
Founded	Tel Aviv, Mandatory Palestine 5 April 1935; 89 years ago (1935-04-05)
Headquarters	Discount Bank Tower, Tel Aviv , Israel
Key people	Shaul Kobrinsky (Chairman) Uri Levin (CEO[2])
Products	Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management
Services	Financial services
Revenue	₪ 9.02 billion (2018)
Operating income	₪ 1.5 billion (2018)
Total assets	₪ 239.1 billion (2018)
Total equity	₪ 17.1 billion (2018)
Website	www.discountbank.co.il

Israel Discount Bank, Ltd. (Hebrew: בנק דיסקונט לישראל) is an Israeli banking institution that offers a range of financial services, including retail banking, commercial banking, private banking, and financial services. The bank, headquartered in Tel Aviv, operates 112 branches throughout Israel.^[3]

Founded on 5 April 1935 in Tel Aviv, Mandatory Palestine, the bank has grown to become a significant player in the Israeli banking industry. It is a public company listed on the Tel Aviv Stock Exchange under the symbol DSCT and is included in the Tel Aviv 35 Index.^[4]

The bank's product portfolio includes credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, and wealth management. It serves its customers through various channels including physical branches, online banking, and mobile banking.

As of 2018, the bank reported revenues of ₪ 9.02 billion, operating income of ₪ 1.5 billion, assets of ₪ 239.1 billion, and equity of ₪ 17.1 billion. The current CEO is Uri Levin, with Shaul Kobrinsky serving as the chairman.^[5]