BNET Industries
Last Fiscal Year Sales:$99.0M
- Public
- IL
Dow Jones Description
International Trade Financing
President & CEO
Giora OfferNumber of Employees 5,647
Peer Companies
NAICS Code All Other Nondepository Credit Intermediation: 522298
Recent Events
-
BRIEF-RESEARCH ALERT-UBS raises price targets on Israeli Banks
-
UPDATE 1-MOVES-Credit Agricole, Israel Discount Bank
-
BRIEF-RESEARCH ALERT-Deutsche Bank cuts Mizrahi to hold
-
BRIEF-Deutsche Bank upgrades Israel Discount Bank to buy
News & Analysis
Filter by
israel discount bank ltd. - All News and Analysis
ISRAEL: MOODY'S DOWNGRADES ISRAEL DISCOUNT BANK'S RATINGS; MAINTAINS NEGATIVE OUTLOOK.
Moody's Investors Service has today downgraded the long-term deposit ratings of Israel Discount Bank IDB to A2 from A1. At the same time, the Baseline Credit Assessment BCA was lowered to Baa2 from Baa1. The bank's C- bank financial strength rating BFSR ...
Israel Discount Bank Announces New Service to Customers: Stock Quotes and Information Now Accessible Through Phonetic Systems Voice Command Application
BILLERICA, Mass. & TEL AVIV, Israel -- First in Israel's financial sector to deploy speech; System enables customers to obtain information of shares traded on the Tel Aviv Stock Exchange by merely saying the name of the stock. Phonetic Systems, the leading provider of large and highly dynamic speech...
IDBBANK LAUNCHES MARKETING CAMPAIGN.(Israel Discount Bank)(Brief Article)
NEW YORK-As part of a new business development and marketing effort, the Israel Discount Bank of New York is rolling out an ad campaign this week in New York, California and Florida that ask prospective clients: "When was the last time your bank spoiled you?" ...
ISRAEL: SAFRA GROUP INTERESTED IN ISRAEL DISCOUNT BANK.(Brief Article)
The Safra group will agree to buy all of Israel Discount Bank on the condition that it is allowed to merge it with The First International Bank of Israel, United Mizrahi Bank and Union Bank, Joseph Safra told Minister of Finance Silvan Shalom on Monday, GLOBES reported....
Israel Discount Bank Going International.(gets permission from Switzerland to open subsidary)(Brief Article)
Israel Discount Bank received approval from the Swiss Federal Banking Authority to open a subsidiary in Geneva Switzerland. The subsidiary will provide private banking services to upscale customers including Israelis. In addition the new branch will focus on Swiss corporate and business clientele. As part of...
Mass Mutual And Leucadia Join Israel Discount Bank In New Investment Fund.
Two American companies -- Mass Mutual and Leucadia Insurance have joined together with Israel Discount Bank in starting a new partnership called Fimi Opportunity Investments. The joint partnership plans to invest in local shares traded on the Tel Aviv Stock Exchange, provide financing for local leveraged...
Israel Discount Bank Has Problems.(Brief Article)
A profit warning from Israel Discount Bank, which has yet to officially report third quarter profits is a strong indication of the problems the bank is having in its' operations. The slump in Israel's real estate market has forced the bank to write off more of...
Israel Discount Bank Buys 20 Percent Of Harel Insurance.(Harel-Hamishmar Insurance)(Brief Article)
Israel Discount Bank joined other Israeli banks that are buying insurance and pension fund companies and announced that it agreed in principle to buy 20 percent of Harel Insurance Company Israel for $73.5 million. Israeli banks expect the ban on local banks selling insurance and pension...
Israel Discount Bank's Troubles Brings Accelerated Effort To Privatize.(Brief Article)
The government company in charge of the sale of Israeli banks, M.I. Holdings, has accelerated its efforts to find a buyer for Israel Discount Bank. Both of the groups originally interested in buying control of the bank have recently opted out. No other investor meeting government...
Israel Discount Bank And French Bank BNP-Parisbas Sign Cooperation Agreement.(Bank Discount and BNP-Parisbas, the largest commercial bank in France, signed a cooperation agreement to finance Israeli real estate investments in France)(Brief Article)
Bank Discount and BNP-Parisbas, the largest commercial bank in France, signed a cooperation agreement to finance Israeli real estate investments in France. Israeli contractors and construction companies that are interested in investing in Paris and the surrounding area, can work directly with Bank Discount in Israel...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Giora Offer | President & CEO |
| Ehud Arnon | Executive Vice President & Head, Corp Banking |
| Eli Hoter | Senior Executive Vice President & Head, Marketing & Strategic Planning |
| Israel David | Senior Executive Vice President |
| Dorit Ben Simon | Executive Vice President, Finance & Manager, Risk |
| Esther Deutsch | Executive Vice President & Manager, Risk |
| David Schlachet | Director |
| Ruth Moshkovitz | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Ben-Zion Zilberfarb | Board Member |
| Shlomo Zohar | Chair of Board |
| Arie Ovadia | Board of Directors |
| Ben-Zion Granit | Board of Directors |
| Betzalel Eiger | Board of Directors |
| Dafna Schwartz | Board of Directors |
| Eytan Sheshinski | Board of Directors |
| Itshak Forer | Board of Directors |
| Ittamar Givton | Board of Directors |
| Jorge Zafran | Board of Directors |
| Joseph Singer | Board of Directors |
| Tida Shamir | Board of Directors |
| Tsippi Samet | Board of Directors |
| Yitzhak Sharir | Board of Directors |
| Zipora Samet | Board of Directors |
| Zvi Streigold | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | President & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Executive Vice President & Head, Corp Banking | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Senior Executive Vice President & Head, Marketing & Strategic Planning | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Senior Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Executive Vice President, Finance & Manager, Risk | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Executive Vice President & Manager, Risk | Current |
| Organization | Position | Status |
|---|---|---|
| Bar-Ilan University | Professor of Economics | Current |
| Delek Group Ltd. | Chairman of the Audit Committee | Current |
| Partner Communications Company Ltd. | Board of Directors | Current |
| The Perrigo Company | Board of Directors | Current |
| Israel Discount Bank Ltd. | Chairman of the Audit Committee | Former |
| Delek Group Ltd. | Board Member | Former |
| Fundtech Ltd. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Chair of Board | Current |
Dr. Arie Ovadia advises major Israeli companies on finance, accounting, and valuations and is a member of the board of directors of several corporations, including Israel Discount Bank, Phoenix Insurance Company, Elite Industries, Israel Petrochemical Industries, and Tadiran Communications. He is a Economics Consultant and University Lecturer and has taught at New York University (New York, NY), Temple University (Philadelphia, PA) and, in Israel, at Tel Aviv and Bradford Universities. Dr. Ovadia serves as a member of the Israeli Accounting Board and is a 14-year member of the Israeli Security Authority. He holds an undergraduate degree and an MBA from Tel Aviv University and earned his Ph.D. in economics from Wharton Business School at the University of Pennsylvania.
| Organization | Position | Status |
|---|---|---|
| New York University | Lecturer | Current |
| Mantis Vision | Chairman of the Board | Current |
| Allcharge | Chairman of the Board | Current |
| Strauss-Elite | Board Member | Current |
| Lower Blood | Member of the Board | Current |
| Elite Industries, Inc | Board of Directors | Current |
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Ioimage, Ltd. | Member of the Board of Directors | Current |
| Intercure, Inc. | Member of the Board of Directors | Current |
| Temple University | Lecturer | Former |
| Bradford University | Former | |
| University of Tel Aviv | Former | |
| Phoenix Insurance, Inc | Chairman | Former |
| University of Pennsylvania | Ph.D. In Economics | Former |
| Wharton Graduate School of the University of Pennsylvania | Ph.D. In Economics | Former |
| Tel Aviv University | MBA | Former |
| Tel Aviv University | Undergraduate Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Pharmos Corporation | Board of Directors | Current |
| LanOptics Ltd. | Board of Directors | Current |
| Syneron Medical Ltd. | Board of Directors | Current |
| Israel Discount Bank Ltd. | Director | Current |
| Yeda | CEO | Former |
| Weizmann Institute of Science | CEO | Former |
| Syneron Medical Ltd. | CEO | Former |
| Syneron Medical Ltd. | Chief Financial Officer | Former |
| Weizmann Institute of Science | Vice President of Finance and Administration | Former |
| Pharmos Corporation | Director and Chair | Former |
| Elite Industries, Inc | Chairman | Former |
| Tel Aviv University | M.B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Israel Discount Bank Ltd. | Board of Directors | Current |
Industry Transcripts by Seeking Alpha
-
Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
-
Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
-
Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
-
American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
-
MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
IndustryTop Rated
- As Income Mobility Falls, American Dream Fades 7 votes
- Creative Destruction and the new Money Trust 6 votes
- Geithner Deal With Wall Street Over AIG Swaps Cost Taxpayers $13 Billion 4 votes
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending 4 votes
- Senator Dodd Is Saving Lenders From Themselves 3 votes

