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Additionally, Mercantile Bank was sold to Barclays-Discount Bank. [14] In 1974, the Discountomat, Israel's first ATM, was launched. [22] In 1979, Visa Cal was founded in partnership with Bank Leumi. [23] [11] In 1981, the bank's virtual branch, Discount Telebank, was established, making it the first banking call center in Israel and in the ...
What is known today as IDB Bank first began in 1949 as a single representative office in New York City for Tel Aviv-based Discount Bank. The office had just a few employees and limited contact with the public. [3] In 1961, New York State law changed to allow foreign banks to operate full branches. [4]
Bank Est. Remarks Arab Israel Bank: 1961: Arab Israel Bank was wholly owned by Bank Leumi and was merged into Leumi in 2016 Mercantile Discount Bank: 1971: Mercantile Discount Bank is a subsidiary of Israel Discount Bank: Bank of Jerusalem: 1963: Bank Otsar Ha-Hayal: 1946: Bank Otsar Ha-Hayal is a brand of First International Bank: Union Bank ...
On 12 February 2020, the United Nations published a database of companies doing business related in the West Bank, including East Jerusalem, as well as in the occupied Golan Heights. [1] Mercantile Discount Bank was listed on the database on account of its activities in Israeli settlements in these occupied territories, [ 2 ] which are ...
Discount Investment Corporation was founded in 1961 as an investment vehicle of the Recanati family, which at the time were owners of the Israel Discount Bank, itself founded by the family in the 1930s after emigrating from Greece during the British Mandate of Palestine. The family business were controlled by umbrella company IDB Holding ...
He subsequently co-founded two more subsidiaries, the Discount Investment Corporation and the PEC Israel Economic Corporation New York. [2] He served as the chairman of the Israel Discount Bank from 1982 to 1986. [3] In 1986, Recanati was suspended for three months by the Bank of Israel over a dispute in his role in the 1983 Israel bank stock ...
IDB can mean: . Inter Dimensional Being: Discount Bank, one of Israel's leading banks, it sometimes is referred to as Israel Discount Bank; European Injury Data Base, a database maintained by the European Union that contains standardized cross-national information on the external causes of injuries treated in emergency departments in the EU
The Discount Bank Tower is a skyscraper located on Yehuda HaLevi Street 23 corner with Herzl Street in Tel Aviv, Israel. Built between 2003 and 2006 and standing at 105 m (344 ft) tall with 3o floors, the tower currently serves as headquarters of the Discount Bank .