Israel Discount Bank (TASE: DSCT) Management to Present at the UBS Best of Israel Conference in London

TEL-AVIV, Israel, August 12, 2014 /PRNewswire/ --

Israel Discount Bank Limited (TASE: DSCT) announced today that its CEO, Lilach Asher Topilsky, will attend the UBS conference on September 3, together with Uri Levin, the Bank's CFO and Tamar Koblenz, Head of Investor Relations. The conference will take place at UBS Headquarters in London.

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The conference will be a first opportunity for investors to discuss the Bank's new strategic plan, which will be released on August 20, in a one-on-one setting with management. It is also the first opportunity for non-Israel based investors to meet with Discount Bank's new CEO, Ms. Asher Topilsky, which joined Bank Discount in February 2014.

About Israel Discount Bank 

Discount Bank is one of the major banks in Israel trading at a P/B ratio of 0.5. The Bank met 2 very important milestones, including a Basel III CT-1 ratio of 9.1% in Q1-14 (ahead of the Bank of Israel target) and improved credit quality, with an LLP ratio in line with the sector. These achievements enable us to now shift our focus to our main challenge - improving the efficiency and cost side of the Bank, which will be one of the main themes of the strategic plan.

For additional information, please visit the Company's investor relations website at http://www.discountbank.co.il/IR

Company Contact:
Tamar Koblenz
Head of Investor Relations
Tel: +972-3-5146593
[email protected]

Investor Relations Contacts:
Ehud Helft & Kenny Green
GK Investor & Public Relations
Tel: +1-646-201-9246
[email protected]

SOURCE Israel Discount Bank Ltd