Bank Massad Ltd.    



PO Box 2639, 80 Rothchild Blvd.

Tel Aviv, 66883


972 03 5641 333

972 03 5602 384

Company description

Finance: Provision of banking services and products

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News and information about Bank Massad Ltd.

Israeli bank consortium to provide credit to Tiv Ta'am.
Global Banking News (GBN); January 29, 2010; 334 words
...These funds are to be used to repay the company's debts to Bank Mercantile Discount, First International Bank of Israel and Bank Massad. The terms of the loan restricts the company from paying management fees exceeding those agreed upon between the supermarket...
Net Profit of NIS 382 Million for the Second Quarter of 2009; The Bank Reinforced Its Capital Adequacy Ratio to 12.83%, Exceeding Its Year-End Objective (12%).(Financial report)
GlobeNewswire; August 27, 2009; 700+ words
...grant payment under the employees' wage agreement, during the first quarter as well as the cessation of consolidation of Bank Massad and Bank Yahav and voluntary retirement expenses in the same quarter last year. In the first half of 2009 operating expenses...
Israel's FIBI reports 26% drop in quarterly profit.
Global Banking News (GBN); May 30, 2008; 303 words
...items, FIBI said its quarterly profit was ILS158m, compared with ILS169m a year ago. FIBI had bought a controlling stake in Bank Massad from Bank Hapoalim (POLI.TA) earlier this month, Reuters said in a related report. [Editorial queries for this story...
Bank Hapoalim may post gains from deal with First International Bank.
Global Banking News (GBN); May 15, 2008; 299 words
...of ILS57m on the sale deal. Bank Hapoalim had sold 51% of Bank Massad to First International Bank of Israel (TASE: FTIN1;FTIN5...International Bank will have to add another ILS7.5m to the price. Bank Massad specializes in services to teachers. [Editorial queries...
The Jerusalem Report; October 15, 2007; 417 words
...International Bank of Israel (FIBI), the country's fifth- largest lender, is purchasing a controlling 51 percent of Bank Massad from Bank Hapoalim, in a 236 million shekel ($57.5 million) deal. FIBI is thus continuing its strategy of expanding...
BRIEF: Bank Massad deal signed: First International Bank will buy 51% of the bank from Hapoalim.
Globes; September 30, 2007; 421 words
...of Hapoalim's 51 percent stake in Bank Massad to First International for NIS 236 million...reflects a premium of 166 percent on Bank Massad's shareholders' equity at the end...The bank agreed that if ownership of Bank Massad is not transferred by May 2008, the...
Bank Massad employees demand grant of 8 months' salary: The workers will probably receive benefits similar to those granted to Bank Otsar Hahayal employees.
Globes; September 19, 2007; 511 words
Byline: Shay Niv Sep. 19--Bank Massad employees are infuriated that Bank Hapoalim...FTIN5). In a letter to employees, Bank Massad workers committee chairman David Bino...owners from the sale of the bank." Bank Massad's employees are demanding a sale grant...
First International buys Bank Massad: Bank Hapoalim will record a NIS 60 million capital gain on the sale of its subsidiary.
Globes; September 18, 2007; 518 words
...FTIN5) has acquired 51 percent of Bank Massad from Bank Hapoalim (LSE: BKHD; TASE...reflects a premium of 166 percent on Bank Massad's shareholders' equity at the end...for the sale of Bank Otzar Hehayal. Bank Massad, which specializes in providing banking...

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Industry information

NAICS codes 
North American Industry Classification System (NAICS) codes are used to classify businesses for the purpose of collecting statistical data related to the U.S. economy. NAICS codes have been assigned to international companies to help organize all companies by type of activity.  

Primary: 522110 - Commercial Banking


SIC codes 
Standard Industrial Classification (SIC) codes classify establishments by their primary type of activity. SIC codes are a U.S. Census Bureau system but can apply to international companies.  

Primary: 6021 - National Commercial Banks industry report