Israel Discount Bank

Israel Discount Bank (IDB) is a banking institution based in Tel Aviv, Israel. Established in 1935 by the late Mr. Leon Recanati, the bank offers comprehensive banking services to its customers in all areas of financial activity, throughout Israel and through direct banking services. The bank provides commercial banking and financial services in credit cards, investment banking, portfolio management, trustee services, and leasing. The bank is a part of the Discount Group. The assets of the bank are managed and governed by the board of directors.