# Mizrahi-Tefahot Bank בנק מזרחי טפחות

> Mizrahi-Tefahot is an Israeli commercial bank with a mortgage-led franchise, serving households, businesses and private-banking clients. Its hybrid service model connects digital banking with personal bankers, supported by a national branch network and overseas branches in the United Kingdom and United States.

- **Founded:** 1923
- **Headquarters:** Ramat Gan, Israel
- **Founders:** World Mizrachi Movement (Founding organization of predecessor Mizrahi Bank)
- **Products:** Residential mortgages, Tefahot Touch, Everyday and digital banking, Business banking and trade finance, Deposits and savings
- **Notable:** Merged commercial and mortgage banking businesses in 2005., Completed the integration of Union Bank in 2022., Reported 37% mortgage market share for 2025.

## Products & services

- **Residential mortgages** — Home-purchase and refinancing loans with mortgage specialists and digital application support.
- **Tefahot Touch** — Mortgage application tracking, document exchange, banker correspondence, meeting coordination and mortgage calculator.
- **Everyday and digital banking** — Current accounts, transfers, check deposits, credit cards, loans and correspondence with personal bankers.
- **Business banking and trade finance** — Working capital, payroll transfers, multi-signature digital transfers, factoring, documentary credits and guarantees.
- **Deposits and savings** — Deposit products with different terms and liquidity arrangements; names include Pineapple, Raspberry, Coconut and Lychee.
- **Private banking and investment services** — Private-banking centers, securities services, foreign exchange and investment advice, including services for overseas residents.

## Achievements

- Merged commercial and mortgage banking businesses in 2005.
- Completed the integration of Union Bank in 2022.
- Reported 37% mortgage market share for 2025.
- Reported NIS 5.630 billion net profit for FY2025.

## Latest updates

- **2026-08** — Published Q2 results on August 17: H1 net profit NIS 2.67 billion, H1 return on equity 15.0%, loans NIS 423.7 billion and deposits NIS 474.4 billion at June 30.
- **2026-02** — Published FY2025 results on February 26, including total revenues of NIS 14.588 billion and net profit of NIS 5.630 billion.
- **2026-01** — Raised USD 750 million in international CoCo notes and USD 700 million in international bonds.
- **2025-06** — Published its 2025-2027 strategic plan, including business lending growth and continued mortgage leadership.

## Links

- Website: https://www.mizrahi-tefahot.co.il
- LinkedIn: https://www.linkedin.com/company/mizrahi-tefahot-bank/
- Twitter/X: https://twitter.com/banktefahot/media
- YouTube: https://www.youtube.com/user/MizrahiTefahot
- Instagram: https://www.instagram.com/mizrahi.tefahot/
- Facebook: https://www.facebook.com/bank.mizrahi.tefahot/

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Published by YesPress — https://yespress.io
Last updated: 2026-10-23