Mizrahi Tefahot
Private company
Mizrahi Tefahot is not listed on an exchange we track. Its funding and news are below.
Funding and exits
No funding round or acquisition of Mizrahi Tefahot has been reported on this site yet.
Mizrahi Tefahot in the news
Class action against banks approved: they did not pay interest on positive current account balances
A class action lawsuit has been approved against Bank Leumi, Mizrahi Tefahot, Discount Bank, and Bank Hapoalim for failing to pay interest on positive current account balances. The plaintiffs claim the banks acted in bad faith by not paying interest despite significant interest rate increases in the economy since April 2022, with alleged damages in the billions of shekels.
Globes (Hebrew, translated) · 4 hours ago · Bank Leumi, Mizrahi Tefahot, Discount Bank, Bank Hapoalim
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