Bank Mizrahi-Tefahot

  (Redirected from Bank Mizrahi-Tfahot)

Bank Mizrahi-Tefahot (Hebrew: בנק מזרחי טפחות‎) is the third-largest[2] bank in Israel. It has around 140 branches. The bank is the largest among Israel's mortgage lenders.[1]

Bank Mizrahi-Tefahot
Native name
בנק מזרחי טפחות
FormerlyBank Mizrahi
Founded1923; 98 years ago (1923)
FounderMizrachi movement
Area served
Key people
Eli Yonas (CEO)
Yaakov Peri (Chairman)
ServicesFinancial services
RevenueIncrease 4.78 billion (2012) 4.61 billion (2011)
Increase 1.07 billion (2012) 1.05 billion (2011)
Number of employees
3,827 (2007)
Footnotes / references


Bank Mizrahi-Tefahot was formed by a merger of Bank Mizrahi HaMeuhad and Bank Tefahot in 2004.

Bank Mizrahi was established in 1923 by the Mizrachi movement and later merged with Bank Hapoel HaMizrachi to form Bank Mizrahi HaMeuhad (United Mizrachi Bank).

In November 2017, Mizrahi Tehafot Bank agreed to buy Union Bank of Israel for U$400 Million, thereby consolidating its position as the third largest Israeli bank.

See alsoEdit

Banking in Israel


  1. ^ a b "Israeli Mizrahi Tefahot Bank's Fourth-Quarter Net Profit Falls". Fox Business. Dow Jones Newswires. 18 March 2013. Retrieved 26 March 2013.
  2. ^ Overview Bank Mizrahi-Tefahot

External linksEdit