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.
(Logo:
http://photos.prnewswire.com/prnh/20120820/554838 )
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
Tamar.koblenz@idbank.co.il
Investor Relations Contacts:
Ehud Helft & Kenny Green
GK Investor & Public Relations
Tel: +1-646-201-9246
discount-bank@gkir.com
SOURCE Israel Discount Bank Ltd