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Home Page > Financial services > DEXIA ISRAEL BANK LTD.

DEXIA ISRAEL BANK LTD.

Duns No.: 600057228
Reg No.: 52-001975-3

Activity

Line Of Activity: Services
Classifications:

Financial services

Banks

Case Identification

Address: 19 Ha'arbah St. TEL AVIV-JAFFA 64739
P.O.B: 7091 TEL AVIV-JAFFA
Telephone: 972-3 -7647600
Fax: 972-3-6868336
URL: www.dexia-israel.co.il
E-mail: customercare@dexia-israel.co.il

Business Information

Established in: 1953
Registered in: 1953
Legal Status: Public company traded on a Stock Exchange

Sales:	1,994,000 $ (Sales)		Legend
Employees: 46			Legend

Ownership

Subsidiaries:

DEXIA ISRAEL ISSUANCE LTD.

Managers

Stephane Vermeire - Chairman of the Board
Moshe Klatzin - Vice Chairman of the Board
David Kapah - General Manager & CEO

Olivier Gutman - Deputy General Manager & CFO
Shachar Oshri - Business/Commercial Deputy General Manager
Moshe Tal - Chief Accountant

Stephane Vermeire - DEXIA ISRAEL BANK LTD.

Stephane Vermeire - Chairman of the Board
Born: 1971.
Education: Master of Management degree, J.L. Kellogg Graduate School of Management, Northwestern University.
Degree in Business Administration and Commercial Engineering, Solvay Business School, Universite Libre De Bruxelles
Current positions: Member of the Management Board Dexia Credit Local.
Head of PWB International, Dexia Credit Local
Past positions: Senior Vice - President Strategy & Development - Dexia SA (06-09); Senior Vice President Projects, Strategy and Subsidiaries - Dexia Bank Belgium (02-05); Advisor to the Management Board for social negotiations - Dexia Bank Belgium (02); Business Development Manager - Dexia Asset Management (01-02).

Moshe Klatzin - Vice Chairman of the Board
Born: 1957.
Education: B.A., Economics, Hebrew University, Jerusalem.
Current Position: Chairman, Hagihon Company Ltd. - Jerusalem Water and Waste Water Corporation.
Past Positions: Treasurer, Givat Zeev Local Council; Treasurer, Cities Unions of Environment and Fire Fighting; Advisory Committee Member, Bank of Israel; Acting Treasurer, City of Jerusalem; Director of the Board of government companies and public companies.

David Kapah - General Manager & CEO
Born: 1946.
Education: Exec. M.B.A., Tel Aviv Univ.; B.A., Economics & Sociology, Bar-Ilan Univ., Ramat-Gan.
Past Positions: Deputy General Director, Ministry of Interior; Director, Mifal Hapais; Director, Automatia Company; Director, Otzar Hashilton Hamekomi Ltd.; General Manager, City of Rehovot.
Organization Membership: Chairman, Senior School for Financial Management of Local Authorities in Israel; Chairman, The Inbal Ethnic Arts Center; Lecturer, Finance Management - M.A. program for Public Administration, Bar-Ilan Univ., Ramat-Gan.
Awards: Management Award 1995, Israel Institution for Research into Public Opinion.

Company Profile

Dexia Israel Bank Ltd., of the Dexia Group, focuses on providing banking services to the public and municipal sector in Israel which includes short and long-term credit, receipt of deposits, current accounts and other banking services. In addition, Dexia Israel Bank is active in project finance.
As of 31.12.2009, Dexia Israel Bank's total balance sheet stood at NIS 6,599 million.
" Standard & Poor's Ma'alot " - the Israel securities rating company granted an AA- rating to the issued liabilities (including issuance through the subsidiary - "Dexia Israel Issuance Ltd."). In Addition, "Standard & Poor's Ma'alot" gave the bank an (+A-1) rating, Ma'alot highest rating, for short-term liabilities which will be issued.
Ownership Structure
Dexia Credit Local acquired control of the bank then called - "Otsar Hashilton Hamekomi" in February 2001. Dexia Group presently holds 65.31% of the Bank's share capital, 65.99% of the voting rights and 66.67% of the rights for appointing directors. Additional shareholders are the Union of Local Authorities, the public, through the stock exchange, and other shareholders.
Dexia Group is European Bank, with 35,234 employers and a share capital of 18.5 billion EURO, as of 31.12.2009.
Dexia Group focuses in retail and commercial banking in Europe with comprehensive banking services and financial solutions in the public sector. In addition, the Group providies asset management, investor and insurance services.

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