| The banking system |
| The banking system in Israel consists of: |
| 18 ordinary banking corporations |
| 2 foreign banks |
| 1 merchant bank |
| 5 mortgage banks |
| 5 financial institutions |
| 2 joint service companies |
| |
|
| Supervised Banking Corporations in Israel, December 31st, 2004 |
| |
|
| 1. Ordinary banking corporations |
| |
Code |
| Arab Israel Bank Ltd |
34 |
| Bank Hapoalim B.M. |
12 |
| Bank Leumi Le-Israel B.M. |
10 |
| Bank Massad Ltd |
46 |
| Bank of Jerusalem Ltda |
54 |
| Bank “Yahav” Le-Ovdei Hamdina Ltd |
04 |
| Euro-Trade Bank Ltd |
01 |
| The First International Bank of Israel Ltd |
31 |
| Industrial Development Bank of Israel Ltd |
07 |
| Israel Bank of Agriculture Ltdb |
19 |
| Israel Discount Bank Ltd |
11 |
| Investec (Israel) Bank Ltd |
26 |
| Kupat Haoved Haleumi Leashrai Vehisachon Be-Netanya Aguda Shitufit Ltd |
48 |
| Mercantile Discount Bank Ltd |
17 |
| Otsar Hahayal Bank Ltd |
14 |
| Poalei Agudat Israel Bank Ltd |
52 |
| Union Bank of Israel Ltd |
13 |
| United Mizrahi Bank Ltd |
20 |
| |
|
| 2. Foreign banksc |
| Citibank N.A. |
22 |
| HSBC Bank plc |
23 |
| |
|
| 3. Merchant bank |
| Poalim Capital Markets and Investments Ltd |
44 |
| |
|
| 4. Mortgage Banks |
|
| Atzmauth Mortgage and Development Bank Ltd |
94 |
| Bank “Adanim” Mortgage Ltd |
06 |
| Discount Mortgage Bank Ltd |
90 |
| Leumi Mortgage Bank Ltd |
77 |
| “Tefahot” Israel Mortgage Bank Ltdd |
80 |
| The First International Mortgage Bank Ltd |
92 |
| |
|
| 5. Financial Institutions |
| Tefahot Underwriting Company of the Mizrahi Group Ltd |
40 |
| “Gahelet” Gmul Hisachon Lehinuch Ltd |
64 |
| “Hesech” Kupat Hisachon Lehinuch Ltd, Haifa |
65 |
| “Mashavim” United Mizrahi Bank Issuing |
|
| Company Ltd |
42 |
| Otzar Hashilton Hamkomi Ltd |
68 |
| 6. Joint Service Companies e |
|
| Bank Clearing Center Ltd |
50 |
| Automatic Bank Services Ltd |
59 |
| ______________________________ |
| a This bank was issued a bank license on 26.8.98. Despite the change in its status, it was decided to include it, at this stage, in several tables in the Mortgage Banks category. |
| b This bank ceased to function as an active bank in December 1991, and consequently no data are included for it after that date. |
| c Some data regarding these banks is included in the tables; their effect on the banking system is minimal. |
| d On 31 December 2004 this bank was merged with United Mizrahi Bank. |
| e Data for these institutions are not yet included in this publication. |
