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Home › Banks ›
Bank
Israel Discount BankIsrael

Active

This profile is actively maintained
Last update: 2022-07-15 10:45:50
Israel Discount Bank's head office in Tel Aviv. Photo: דוד שי via Wikimedia Commons (CC-BY-SA 3.0)

Active

This profile is actively maintained
Last update: 2022-07-15 10:45:50
About
Website https://www.discountbank.co.il/DB/en
Headquarters
23 Yehuda Halevy St.
6513601 Tel Aviv
Israel
CEO/chair Uri Levin
CEO
Supervisor
Bank of Israel
Ownership
listed on Tel-Aviv Stock Exchange

Israel Discount Bank's shareholder structure can be accessed here.

Israel Discount Bank, formerly known as Eretz Yisrael Discount Bank or Palestine Discount Bank, was founded in April 1935 and is one of Israel's largest banks. The bank provides banking services to private customers in Israel and abroad, as well services for capital markets and investment, finance and trust companies.

Sustainability
Policies
Voluntary standards

Israel Discount Bank does not have publicly available investment policies. The bank's webpage on corporate social responsibility can be accessed here.

2018-08-06 00:00:00

Code of Ethics

Bank policy
2018-08-06 00:00:00 | Israel Discount Bank
2017-09-26 00:00:00

Statement of corporate governance principles

Bank policy
2017-09-26 00:00:00 | Israel Discount Bank
Israel Discount Bank has committed itself to the following voluntary standards:
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Global Reporting InitiativeTags: sustainable development | human rights
United Nations Global CompactTags: United Nations | human rights
Dodgy Deals

Israel Discount Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Israel Discount Bank's link to these deals.

News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

AXA triples investment in Israeli banks financing illegal settlements on eve of annexation

2020-06-05 | BDS Group
BankTrack news BankTrack blog Partner news Partner blog

UN rights office issues report on business activities related to settlements in the Occupied Palestinian Territory

2020-02-12 | Geneva | UN
Blog
BankTrack news BankTrack blog Partner news Partner blog

SumOfUs Report Exposes French Insurer's Complicity in War Crimes

Report reveals that AXA invests in banned weapons manufacturers and banks that finance illegal Israeli Settlements
2019-07-08 | SumOfUs
Blog
BankTrack news BankTrack blog Partner news Partner blog

Bankrolling Abuse - Israeli Banks in West Bank Settlements

New report by Human Rights Watch
2018-06-04 | Human Rights Watch
BankTrack news BankTrack blog Partner news Partner blog

BNP Paribas and Deutsche Bank still involved in illegal Israeli settlement industry

2018-05-29 | 11.11.11
BankTrack news BankTrack blog Partner news Partner blog

How Israeli banks finance theft of Palestinian land

2018-05-29 | Electronic Intifada
BankTrack news BankTrack blog Partner news Partner blog

Israeli Banks Profit From Settlements

Their Role Abets Land Seizures, Rights Abuses
2018-05-28 | Human Rights Watch
Blog
BankTrack news BankTrack blog Partner news Partner blog

Israel/Palestine: Israeli banks supporting settlements

No domestic obligation to provide many services that aid rights abuses
2017-09-13 | Jerusalem | Human Rights Watch
BankTrack news BankTrack blog Partner news Partner blog

Why is Human Rights Watch urging engagement with Israel’s banks?

Bank Hapoalim, Bank Leumi, Mizrahi Tefahot Bank, First International Bank of Israel and Israel Discount Bank
2017-09-13 | Electronic Intifada
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financing land grab: the direct involvement of Israeli banks in the Israeli settlement enterprise

2017-02-28 | Who Profits
BankTrack news BankTrack blog Partner news Partner blog

Dirty Profits report highlights role of Israeli banks in settlement construction

2016-02-16 | Article 1 Collective
BankTrack news BankTrack blog Partner news Partner blog

Financing the occupation through Israeli banks

2015-12-12 | Article 1 Collective
Resources
Documents
Links
2022-07-15 00:00:00

Annual report 2021

Annual report
2022-07-15 00:00:00 | Israel Discount Bank
2021-07-22 00:00:00

Annual report 2020

Annual report
2021-07-22 00:00:00 | Israel Discount Bank
2020-07-24 00:00:00

Annual report 2019

Annual report
2020-07-24 00:00:00 | Israel Discount Bank
2020-07-24 00:00:00

CSR report 2018

Annual report
2020-07-24 00:00:00 | Israel Discount Bank
2020-07-01 00:00:00

CSR report 2019

Annual report
2020-07-01 00:00:00 | Israel Discount Bank
2020-06-07 00:00:00

CSR Report 2019

Annual report
2020-06-07 00:00:00 | Israeli Discount Bank
2019-03-31 00:00:00

Annual report 2018

Annual report
2019-03-31 00:00:00 | Israel Discount Bank
2018-08-06 00:00:00

Code of Ethics

Bank policy
2018-08-06 00:00:00 | Israel Discount Bank
2018-07-01 00:00:00

CSR report 2017

Annual report
2018-07-01 00:00:00 | Israel Discount Bank
2018-06-18 00:00:00

Bankrolling Abuse

Israeli Banks in West Bank Settlements
NGO document
2018-06-18 00:00:00 | Human Rights Watch
2018-03-31 00:00:00

Annual report 2017

Annual report
2018-03-31 00:00:00 | Israel Discount Bank
2017-11-12 00:00:00

Corporate Social Responsibility Report 2016

Bank document
2017-11-12 00:00:00 | Israel Discount Bank
2017-09-26 00:00:00

Statement of corporate governance principles

Bank policy
2017-09-26 00:00:00 | Israel Discount Bank
2017-03-31 00:00:00

Annual report 2016

Annual report
2017-03-31 00:00:00 | Israel Discount Bank
2017-03-31 00:00:00

CSR report 2016

Annual report
2017-03-31 00:00:00 | Israel Discount Bank
2016-12-25 00:00:00

CSR report 2015

Annual report
2016-12-25 00:00:00 | Israel Discount Bank
2016-07-01 00:00:00

Investments in Israeli banks

A research paper prepared for BankTrack
Internal campaign document
2016-07-01 00:00:00 | Profundo
2016-01-31 00:00:00

CSR report 2014

Annual report
2016-01-31 00:00:00 | Israel Discount Bank
2013-11-01 00:00:00

Financing the Israeli Occupation

The Current Involvement of Israeli Banks in Israeli Settlement Activity
NGO document
2013-11-01 00:00:00 | Who Profits
2010-10-18 00:00:00

Financing the Isaeli Occupation

NGO document
2010-10-18 00:00:00 | Who Profits

BDS Movement

The Boycott, Divestment, Sanctions (BDS) movement works to end international support for Israel's oppression of Palestinians and pressure Israel to comply with international law.

Article 1 Collective

Article 1 Collective's program webpage on the Palestine-Israel conflict. The Article 1 Collective works towards a world where all actors respect international law and human rights.

Accountability
Grievances

Israel Discount Bank does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance.

This page evaluates Israel Discount Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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Fossil Banks No Thanks StopEACOP Forests & Finance Banks & Biodiversity Drop JBS Bank of Coal Don't Buy into Occupation
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