Israel Discount Bank Ltd - Company Profile
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Israel Discount Bank Ltd (Discount Bank) is a provider of banking and related financial services. Adequate capital and liquidity, non-interest income and market share are some of its major strengths, even as overdependence on domestic market could be a cause for concern. Emergence of FinTech, growing markets for payment channels in Israel and positive outlook for Israel economy could present ample growth opportunities to Discount Bank. However, competition, risks related to online identity theft and hacking and emergence of neo banks could have an adverse effect on Discount Bank’s business, operating results and financial condition.
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