| Website | https://www.mizrahi-tefahot.co.il/en/bank/pages/default.aspx |
| Headquarters |
7 Jaboutinsky St, P.O.B. 3450
52136 Ramat gan
Israel
|
| CEO/chair |
Moshe Lary President & CEO |
| Supervisor | |
| Ownership |
listed on Tel-Aviv Stock Exchange
Mizrahi Tefahot's controlling shareholder, the Ofer and Wertheim Group, holds 41.69% of its shares. The bank's complete shareholder structure can be accessed here. |
Mizrahi Tefahot Bank was formed by a merger of Bank Mizrahi HaMeuhad and Bank Tefahot in 2004. Bank Mizrahi was established in 1923 by the Mizrachi movement and later merged with Bank Hapoel HaMizrachi to form Bank Mizrahi HaMeuhad (United Mizrachi Bank). Mizrahi Tefahot Bank is Israel's third largest bank by assets and offers a range of international, commercial, domestic and personal banking services.
Mizrahi Tefahot bank does not have a publicly available web page on its sustainability commitments. The bank's corporate responsibility web page only lists its most recent csr reports.
Mizrahi Tefahot 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 Mizrahi Tefahot Bank's link to these deals.
Mizrahi Tefahot 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 Mizrahi Tefahot 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".
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