Company Profile For Israel Discount Bank

Israel Discount Bank Limited (IDB) is an Israel-based bank which provides banking services through 142 branches. It offers direct banking, on-line banking and Internet services. The Bank has two banking subsidiaries in Israel: the Mercantile Discount Bank Ltd., a commercial bank serving customers in all fields of financial activity through 71 branches, and Discount Mortgage Bank Ltd., active in the mortgage loan field. In addition, the Bank has an affiliated company, The First International Bank of Israel Ltd. IDB controls Israel Credit Cards Ltd. and Diners Club Israel Ltd., which issue and market VISA, Diners and MasterCard credit cards. Tachlit Investment House Ltd.which manages securities investment portfolios for private customers, corporations, not-for-profit organizations and institutional bodies; Israel Discount Capital Markets and Investments Ltd. engages in investment banking, private equity funds, venture capital funds underwriting and managing the issue of securities.

BRIEF: For the six months ended 30 June 2009, Israel Discount Bank Ltd.'s interest income totaled NIS6.55B, vs. an interest loss of NIS3.74B. Net interest income after loan loss provision totaled NIS1.72B, vs. a loss of NIS9.44B. Net income before extraordinary items totaled NIS495M, up from NIS260M. Net interest income reflects an increase in income from commercial and small business banking. Net income reflects a decrease in salary expense.

Israel Discount Bank
27 Yehuda Halevi St.
Tel Aviv     65136
P: +9723.5145582
F: +9723.5666486

10426