Bank Mizrahi Tefahot

Mizrahi-Tefahot launches NIS 1,000 savings grant for Israeli children born since October 7

The initiative, framed as “a new beginning” to promote long-term financial security, targets what the bank calls “children of the war.”

 A man uses an ATM at Bank Mizrahi-Tefahot in Tel Aviv, Israel November 22, 2021. Picture taken November 22, 2021.
Old house versus a new house

Newly built or second-hand? What homebuyers need to know

Beer Sheva City Israel Aerial Shot

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Real estate bubble concept

The Hidden Momentum Driving Israel’s Housing Boom


Heads of Israel's banks join call to support president's initiative

The bankers fear a wave of withdrawals and the negative effect a unilateral activation of the judicial reforms will have on the economy and on Israel's international standing.

Bank Leumi

Mizrahi Tefahot employees worry about tenure cancellation despite bonus

Moshe Lari, CEO of Mizrahi Tefahot Bank, told employees yesterday that each one will receive a NIS 10,000 bonus to mark the 100th anniversary.

 Mizrahi-Tefahot branch in Jerusalem.

Wanted: Chairman of the board for Bank Leumi, Discount

Surprisingly, the meeting of the shareholders in Bank Mizrahi Tefahot extended Moshe Vidman's term as chair of the bank for another year.

Bank Leumi

New record? Bank profits in Israel spike by 30%

The five largest banks in Israel earned NIS 6.1 billion in the third quarter, 30% more compared to the same period last year. 

 The logo of Bank Hapoalim, Israel's biggest bank, is seen at their main branch in Tel Aviv, Israel July 18, 2016.

Which Israeli banks have the most complaints – and which have the fewest?

Bank supervisor Yair Avidan said that banks are expected to promote activities to strengthen the assimilation of the culture of fairness.

 A man uses an ATM at Bank Mizrahi-Tefahot in Tel Aviv, Israel November 22, 2021. Picture taken November 22, 2021.

Which banks will give you more for your money?

Which bank gives more for a short-term deposit, which pays the best for a one-year deposit, and where will our money really increase in value if we lock it in an account for five years?

 Illustration photo of the new 200 New Israeli Shekel (NIS) bill. February 7, 2016

Which is the cheapest bank in Israel when it comes to transaction fees?

Bank of Israel data revealed that Mizrahi Tefahot charges the highest commission for transactions through a teller.

 A man uses an ATM at Bank Mizrahi-Tefahot in Tel Aviv, Israel November 22, 2021. Picture taken November 22, 2021.

Israeli Bank profits increased in first half of 2022 by 16.4% to NIS 6.9b.

Bank Mizrahi Tefahot overtook Discount and became the third largest Israeli bank in terms of issued credit and deposit profits. Hapoalim returned to paying dividends.

 Mizrahi-Tefahot branch in Jerusalem on February 22, 2018.

Israel's Mizrahi Tefahot Bank Q2 profit tops expectations

In the April-June period, the bank said it earned 1.05 billion shekels ($325 million), up from 988 million a year earlier.

 A man uses an ATM at Bank Mizrahi-Tefahot in Tel Aviv, Israel November 22, 2021. Picture taken November 22, 2021.

Mizrahi Bank posts highest ever profit

One of the main factors that contributed to Mizrahi Tefahot's growth in profit and ROI in 2021 was the growth in the bank's credit portfolio, particularly mortgages.

A man enters a branch of Mizrahi-Tefahot Bank in Jerusalem August 29, 2011.