Mizrahi Tefahot Bank Ltd - Company Profile
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Mizrahi Tefahot Bank Ltd (Mizrahi) offers banking and related financial services. Adequate capital, cost efficiency and improved business performance of Small Businesses segment are some of its strengths, even as asset quality and deteriorated non-interest income could be an area for concern. Growing payments channel in Israel, the short-term economic outlook of Israel, new products/service launches, and emergence of FinTech could provide ample growth opportunities to Mizrahi. However, competition, risks related to online identity theft and hacking, and emergence of neobanks could hamper Mizrahi’s business, operating results, and financial condition.
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