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TASE
The Tel Aviv Stock Exchange (TASE; ; colloquially known as The Bursa, ) is Israel, Israel's only public stock exchange and a public company that has been traded on the Tel-Aviv Stock Exchange since August 1, 2019. Legally, the exchange is regulated by the ''Securities Law (1968)'', and is under the direct supervision of the Israel Securities Authority (ISA). TASE plays a major role in the Economy of Israel, Israeli economy, and the 23 TASE members are major banks and investment houses. Trading on TASE is conducted solely through the TASE members that collect a fee for the services they provide. TASE serves to trade securities and to raise capital and debt for companies and the government on the Israeli capital market. History and milestones The Tel Aviv Stock Exchange was established in 1953. Even prior to this, commencing in 1935, securities trading was carried out in the Land of Israel and, afterwards, in the Israel, State of Israel at the mandate-period Anglo-Palestine Ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TA-125 Index
The TA-125 Index, typically referred to as the Tel Aviv 125 and formerly the TA-100 Index, is a stock market index of the 125 most highly capitalised companies listed on the Tel Aviv Stock Exchange (TASE). The index began on 1 January 1992 with a base level of 100. The highest value reached to date is 1247.92, in January 2011. On 12 February 2017, the index was expanded to include 125 instead of 100 stocks, in an attempt to improve stability and therefore reduce risk for trackers and encourage foreign investment. Overview The index is maintained by the Tel Aviv Stock Exchange and is calculated in real-time during trading hours and published every 30 seconds. The index combines the companies that are listed in the TA-35 and TA-90 indices. TA-35 Index The TA-35 Index is the TASE's flagship index. It was first published in 1992 under the name "MA'OF Index". The TA-35 index tracks the prices of the shares of the 35 companies with the highest market capitalization on the exchange. It ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TA BlueTech Index
The TA BlueTech Index is a stock market index all capitalised information technology and biotechnology companies listed on the Tel Aviv Stock Exchange (TASE). The index was launched on 3 April 2011 as the TA BlueTech-50 Index and replaced by the Tel-Tech Index and the Tel-Tech 15 Index. In June 2014, as a result of changes in the criteria required for companies to be listed in the Index, its name was changed to "TA BlueTech Index". History The TA BlueTech-50 Index was launched as part of an effort by the Tel Aviv Stock Exchange to transform itself into a leading global exchange for high-tech companies and lure more overseas investment. Additionally, the Exchange has hoped to attract Israeli technology companies that historically been listing on the NASDAQ to list in TASE. The TA-Technology Index, which includes all the Information Technology companies listed on TASE, was launched at the same time. The TA-Biomed Index, which includes all the Biotechnology and Biomedical engineering ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Israel Securities Authority
The Israel Securities Authority (ISA) is the national securities regulator of Israel. Established by law in 1968, the Israel Securities Authority sees its mandate as a way to ensure an efficient capital market based on transparency and fairness. The ISA works to fight against securities fraud, insider trading, questionable accounting practices and other activities which could harm Israel's capital marketplace and Israel's investor community. Establishment The State of Israel was established in 1948, but securities trading had already begun there in 1935. Some leading pre-state banks, the Anglo-Palestine Bank, which later became Bank Leumi, and brokers traded on what was at the time an unofficial exchange, the Exchange Bureau for Securities. On December 1, 1953, official trading began on the Tel Aviv Stock Exchange (TASE). Ten years later, a group of members of the Exchange created the TASE Clearing House. The Clearing House also acted as the central security depository in Israel. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TA-35 Index
TA-35 Index is an Israeli stock market index computed by the Tel Aviv Stock Exchange tracking the performance of 35 large companies listed on stock exchanges in Israel. It is one of the most commonly followed equity indices in Israel, considered as the flagship index in Israel and as a proxy to the Israeli economy similarly to the S&P 500 in the USA The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ... TA-25 was launched in January 1992, with a value of 100 points as a base value. The index was expanded on February 12, 2017 to include 35 instead of 25 stocks, in an attempt to improve stability and therefore reduce risk for trackers and encourage foreign investment. Composition The components of the index are: Historic Values and Returns See also * TA-90 Index * TA-125 Ind ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Israel Discount Bank
Israel Discount Bank, Ltd. is a retail bank, commercial bank, private bank and financial services company headquartered in Tel Aviv with 112 branches throughout Israel. Discount Bank is a public company traded on the Tel Aviv Stock Exchange under the symbol DSCT. It provides personal banking, business banking and private banking products and services through physical branches, online banking and mobile banking. History Discount Bank was established on 5 April 1935, as ''Eretz Yisrael Discount Bank'' Ltd., by Leon Recanati and his partners, Yosef Albo and Moshe Carasso. In its early days, Discount Bank operated out of a small hotel on Nachlat Binyamin Street in Tel Aviv. It later moved to its permanent location at 39 Yehuda Halevi Street. Today, Discount Bank's headquarters are located at the Discount Bank Tower, a 30-story skyscraper located at 23 Yehuda HaLevi Street in Tel Aviv, which completed construction in 2006. Discount Bank derives its name from the word "disconto", di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercantile Discount Bank
Mercantile Discount Bank ( he, בנק מרכנתיל דיסקונט בע"מ) is a major commercial bank in Israel, and is a subsidiary of Israel Discount Bank. It is the sixth largest bank in Israel. Controversies Involvement in Israeli settlements On 12 February 2020, the United Nations published a database of companies doing business related in the West Bank, including East Jerusalem, as well as in the occupied Golan Heights. Mercantile Discount Bank was listed on the database on account of its activities in Israeli settlements in these occupied territories, which are considered illegal under international law. Tax fraud affair in Australia In 2021, MDB and its parent company IDB reached a settlement of ₪343 million ( A$137 million) with the Australian Taxation Office, after allegedly conspiring with the Sydney-based Binetter family to engage in tax fraud Tax evasion is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trusts, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anglo-Palestine Bank
Bank Leumi ( he, בנק לאומי, lit. ''National Bank''; ar, بنك لئومي) is an Israeli bank. It was founded on February 27, 1902, in Jaffa as the ''Anglo Palestine Company'' as subsidiary of the Jewish Colonial Trust (Jüdische Kolonialbank) Limited formed before in London by members of the Zionist movement to promote the industry, construction, agriculture, and infrastructure of the land hoped to ultimately become Israel. Today, Bank Leumi is Israel's largest bank (by total assets as of 2015), with overseas offices in Luxembourg, US, Switzerland, the UK, Mexico, Uruguay, Romania, Jersey, and China. Though nationalized in 1981, now Bank Leumi is mainly in private hands, with the government as the largest single shareholder, with 14.8% of the stock (as of June 2006). The other major shareholders are Shlomo Eliyahu and Branea Invest, which each hold 10% of the stock, constituting the control core of the bank. Sixty percent of the bank's stocks are held by the public and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Mizrahi-Tefahot
Bank Mizrahi-Tefahot ( he, בנק מזרחי טפחות) is the third-largest bank in Israel. It has around 140 branches. The bank is the largest among Israel's mortgage lenders. History Bank Mizrahi-Tefahot was formed by a merger of Bank Mizrahi HaMeuhad and Bank Tefahot in 2004. Bank Mizrahi was established in 1923 by the Mizrachi movement and later merged with Bank Hapoel HaMizrachi to form Bank Mizrahi HaMeuhad (United Mizrachi Bank). In November 2017, Mizrahi Tehafot Bank agreed to buy Union Bank of Israel for US$400 million, thereby consolidating its position as the third largest Israeli bank. On 12 February 2020, Bank Mizrahi-Tefahot was listed on database of 112 companies compiled by the United Nations implicated in helping to further Israeli settlement activity in the West Bank and Golan Heights, an activity considered illegal under international law. On 5 July 2021, Norway's largest pension fund KLP said it would divest from Bank Mizrahi-Tefahot, alongside 15 ot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Jerusalem
Bank of Jerusalem, Ltd. ( he, בנק ירושלים) is Israel's seventh largest bank, with total assets of 9,301 million shekels. History The bank was founded in 1963 as a mortgage bank to support housing development in Jerusalem by Mordechai Meir, Charles Clore, Isaac Wolfson and the Municipality of Jerusalem. In 1992, the bank had an initial public offering on the Tel Aviv Stock Exchange. In August 1998, Bank of Jerusalem received a commercial banking license from the Bank of Israel, replacing the financial-institution license that it had held until then. By obtaining this license, Bank of Jerusalem completed its transformation into a commercial bank that specializes in real estate, the capital market, and international banking. Since 2010 the bank has been focusing on developing its retail banking activities, offering current accounts and savings accounts to consumers. Bank of Jerusalem is headquartered in Jerusalem and has 24 branches around the country. The bank is con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tel Aviv
Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the Gush Dan metropolitan area of Israel. Located on the Israeli coastal plain, Israeli Mediterranean coastline and with a population of , it is the Economy of Israel, economic and Technology of Israel, technological center of the country. If East Jerusalem is considered part of Israel, Tel Aviv is the country's second most populous city after Jerusalem; if not, Tel Aviv is the most populous city ahead of West Jerusalem. Tel Aviv is governed by the Tel Aviv-Yafo Municipality, headed by Mayor Ron Huldai, and is home to many List of diplomatic missions in Israel, foreign embassies. It is a Global city, beta+ world city and is ranked 57th in the 2022 Global Financial Centres Index. Tel Aviv has the List of cities by GDP, third- or fourth-largest e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Bank Of Israel
The Union Bank of Israel, Ltd. ( he, בנק אגוד לישראל); ), more widely known by its Hebrew name, Bank Igud, is the sixth largest Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...i bank, with thirty branches spread around the country. References External links Official website Official website Banks of Israel Companies listed on the Tel Aviv Stock Exchange 1951 establishments in Israel {{Israel-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Leumi
Bank Leumi ( he, בנק לאומי, lit. ''National Bank''; ar, بنك لئومي) is an Israeli bank. It was founded on February 27, 1902, in Jaffa as the ''Anglo Palestine Company'' as subsidiary of the Jewish Colonial Trust (Jüdische Kolonialbank) Limited formed before in London by members of the Zionist movement to promote the industry, construction, agriculture, and infrastructure of the land hoped to ultimately become Israel. Today, Bank Leumi is Israel's largest bank (by total assets as of 2015), with overseas offices in Luxembourg, US, Switzerland, the UK, Mexico, Uruguay, Romania, Jersey, and China. Though nationalized in 1981, now Bank Leumi is mainly in private hands, with the government as the largest single shareholder, with 14.8% of the stock (as of June 2006). The other major shareholders are Shlomo Eliyahu and Branea Invest, which each hold 10% of the stock, constituting the control core of the bank. Sixty percent of the bank's stocks are held by the public and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
