Israel · Financial institution
Israel Discount Bank LTD
Legal name in the LEI recordבנק דיסקונט לישראל בעמ
Israel Discount Bank Limited is an Israeli banking company founded in 1935. Its head office is at 1 Discount Street in Rishon LeZion. Its shares are listed on the Tel Aviv Stock Exchange. The bank states that the public holds all its shares and that it has no controlling core. It provides retail, commercial, corporate and private banking and capital market services in Israel. It is the parent of the Discount Group, which includes Mercantile Discount Bank, IDB Bank in New York and the credit card company CAL. In September 2025 the bank agreed to sell its CAL stake. In July 2026 its board began examining a merger of Mercantile into the bank.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- IDBLILITXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under IDBLILIT directly.
- Swift GPI
- Live member
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 1983-05-16
- Last updated
- 2025-12-13
Overview
Researched 29 Sep 2026 · Sources
Total assets
Not published
Employees
Not published
Ownership
Publicly listed
Ticker DSCT
Institution type
Commercial bank
Trades as Discount Bank
- Ownership
- The bank's shares are listed on the Tel Aviv Stock Exchange and, according to the bank, are held entirely by the public with no controlling core.
- Stock listing
- Tel Aviv Stock Exchange DSCT
- Head office
- 1 Discount Street (Discount Campus), 7574602 Rishon LeZion, Israel
- Company register
- 520007030, Israeli Corporations Authority
- Former name
- Eretz Yisrael Discount Bank Ltd.
Business lines
The bank has corporate, banking, private banking and capital markets divisions in Israel, and it runs Israeli and international activities through subsidiaries.
Online
- Websites & references
- discountbank.co.il ↗
investors.discountbank.co.il ↗ investor relations
Wikipedia ↗
Wikidata Q250362 ↗ - Official social accounts
- X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 14 pages consulted
- investors.discountbank.co.il/who-are-we/management/
- investors.discountbank.co.il/who-are-we/board-of-directors/
- investors.discountbank.co.il/who-are-we/
- investors.discountbank.co.il/
- discountbank.co.il
- discountbank.co.il/en/private/general-information/foreign-currency/foreign-currency-transfers/
- discountbank.co.il/en/private/discount-group/financial-statements/
- maya.tase.co.il/he/companies/691
- lei.bloomberg.com/leis/view/549300XWZ7BG5G23OF51
- calcalist.co.il/market/article/sk1wolgcml
- calcalist.co.il/market/article/h1avmugvzl
- en.globes.co.il/en/article-discount-bank-mulls-mercantile-merger-1001549110
- timesofisrael.com/topic/israel-discount-bank/
- en.wikipedia.org/wiki/Israel_Discount_Bank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Avi Levi
CEO
- Chair
-
Danny Yamin
Chair of the board of directors
- Chief financial officer
-
Morris Dorfman
Executive VP, Head of the Strategy, Finance & Subsidiaries Division
- Executive
-
Joseph Beressi
Senior Executive VP, Chief Accountant and Head of Group Accounting Division
- Executive
-
Orit Caspi
Executive VP, Chief Risk Officer and Head of the Risk Management Division
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Israel
- Bank of Israel (Banking Supervision Department) Central bankPrudential supervisorAML supervisor
Recent events
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
According to Calcalist, the Israel Competition Authority made approval of the sale of CAL conditional on the buyer divesting its Super-Pharm stake.
calcalist.co.il ↗ -
Merger / acquisition
The board of directors decided to examine a merger of the subsidiary Mercantile Discount Bank into the bank.
en.globes.co.il ↗ -
Other
The Israel Competition Authority declared the five largest banks, including Discount, a concentration group.
timesofisrael.com ↗ -
Merger / acquisition
The bank signed an agreement to sell its entire holding in the credit card company CAL to Harel and the Union group.
calcalist.co.il ↗ -
Leadership
Morris Dorfman took office as Executive VP and Head of the Strategy, Finance & Subsidiaries Division on 15 September 2025.
investors.discountbank.co.il ↗ -
Leadership
Danny Yamin became chair of the board of directors on 11 December 2023.
investors.discountbank.co.il ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- IDBLILITXXX
- How the BIC breaks down
- IDBLBank
- ILCountry · Israel
- ITLocation
- XXXBranch · head office
- Branch description
- HEAD OFFICE
- LEI
- 549300XWZ7BG5G23OF51
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Israel · Middle East & North Africa
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1935
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
The Israel Discount Bank Limited group has 2 institutions in the directory, in 1 country: all hold a BIC.
Including Mercantile Discount Bank LTD.
See the Israel Discount Bank Limited group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- DISCOUNT CAMPUS 1 DISCOUNT STREET , D-2 RISHON LEZIYON 7574602 ISRAEL
- Operational address
- DISCOUNT CAMPUS FLOOR D-2 1 DISCOUNT STREET RISHON LEZIYON RISHON LEZIYON 7574602 ISRAEL
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>IDBLILITXXX</BICFI>
<LEI>549300XWZ7BG5G23OF51</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>IDBLILITXXX</BICFI>
<LEI>549300XWZ7BG5G23OF51</LEI>
<Nm>ISRAEL DISCOUNT BANK LTD</Nm>
<PstlAdr>
<TwnNm>RISHON LEZIYON</TwnNm>
<Ctry>IL</Ctry>
<AdrLine>DISCOUNT CAMPUS 1 DISCOUNT STREET, D-2 RISHON LEZIYON 7574602</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Discount Bank, Ltd. · Public domain · Wikimedia Commons · original; Avi Levi: investors.discountbank.co.il (official website) · original; Danny Yamin: investors.discountbank.co.il (official website) · original; Morris Dorfman: investors.discountbank.co.il (official website) · original; Joseph Beressi: investors.discountbank.co.il (official website) · original; Orit Caspi: investors.discountbank.co.il (official website) · original.
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