Israel Discount Bank Announces Second Quarter Financial Results and a 5-year Strategic Plan

- 

TEL-AVIV, Israel , Aug. 20, 2014 /PRNewswire/ -- today announces its financial results for the second quarter of 2014.

Logo - http://photos.prnewswire.com/prnh/20120820/554838

Main Highlights of Q2-14 compared to Q1-14:

Key Factors impacting Q2-14 results:

Strategic Plan:

On August 20, 2014 , the Board of Directors approved the Discount Group's strategic plan for the years 2015-2019. The plan encompasses all of Discount Group's spheres of activity, taking a pragmatic view of the group's strengths and challenges. In the opinion of the Bank's management, , placing the Discount Group at the forefront of the banking system in Israel by the end of the plans' period.

The plan has been constructed on three central pillars:

 - The Bank will be hosting a conference call today at 16:00 ( Israel ); 14:00 (UK); 09:00 (EDT), during which management will review the results and the strategic plan and be available to answer questions.  

The conference call will be accompanied by a WEBEX presentation, which can be accessed through our IR website-

Company Contact
Tamar Koblenz
Head of Investor Relations
Tel: +972-3-5146593
Tamar.koblenz@idbank.co.il