List of banks in Israel explained

The following is a list of banks in Israel:

Major banks

Bank	Est.	Remarks
	1961	Arab Israel Bank was wholly owned by Bank Leumi and was merged into Leumi in 2016
	1971	Mercantile Discount Bank is a subsidiary of Israel Discount Bank
	1963
	1946	Bank Otsar Ha-Hayal is a brand of First International Bank
	1951	Acquired by Bank Mizrahi-Tefahot.
	1929	Bank Massad is a subsidiary of First International Bank (51%), jointly owned with Histadrut HaMorim (Israel's teachers Trade Union)
	1954	Bank Yahav for Government Employers is a subsidiary of Bank Mizrahi-Tefahot (50%), jointly owned with Israel's government employers trade union and State of Israel
	1953	Acquired by Discount Bank; merged into Mercantile Bank brand.
	1977	Poaley Agudat Israel Bank is a brand of First International Bank, serving mainly the Jewish Orthodox community
	1934	U-Bank is a brand of First International Bank, specializes in private banking
	2019	A digital-only bank with no branches