Israel Discount Bank (TASE: DSCT): Q2 2014 Financial Results and Strategic Plan Conference Call

TEL-AVIV, Israel, July 28, 2014 /PRNewswire/ --

Israel Discount Bank Limited (TASE: DSCT) announces that it will be releasing its financial results for Q2 2014, as well as introducing its strategic plan on Wednesday August 20, 2014.

     (Logo: http://photos.prnewswire.com/prnh/20120820/554838 )

The Bank will be hosting a conference call and a webcast which can be accessed from the Company's IR website - http://www.discountbank.co.il/IR, on the same day at 16:00 (IST); 14:00 (UK); 09:00 (EDT). During the event the management will review the results and discuss the main themes of the plan, and will be available to answer investor questions. The teleconference details will be published in advance.

We are looking forward to hosting you among our participants.  

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 the main theme of the strategic plan.

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

SOURCE Israel Discount Bank Ltd