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 non-interest income are some of its strengths, even as asset quality could be an area for concern. Growing payments channel in Israel, the short-term economic outlook of Israel 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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