Hami Morag

Union Bank of Israel Ltd. engages in the provision of commercial banking services. It operates through the following business segments: Individuals segment, Business segment, Diamonds segment, and Financial Management segment. The Individuals segment covers retail and private banking services, financing services for housing and capital market, current accounts management services, investment consulting, investments in securities, deposits, credit cards, mortgages, and loans. The Business segment covers banking services to business customers and provision of credit constitutes the main activity of this segment. The Diamonds segment provides services to active clients in the Tel Aviv Diamond Exchange. The Financial Management segment includes the Nostro activities of the bank through investments in securities (mainly bonds), bank deposits, transactions in derivative financial instruments, market making, and market and liquidity exposures management. The company was founded in 1951 and is headquartered in Tel Aviv, Israel.

Union Investments & Enterprise (A.S.Y.) Ltd. engages in the provision of investment banking, and underwriting services. It serves as the Union Bank’s real investment arm. It also involves in raising capital and management of public issues. The company was founded on April 6, 1998 and is headquartered in Tel Aviv, Israel.

Union Issuances Ltd. engages in fundraising for Union Bank of Israel Ltd. through issuance of securities. Its products include bonds and subordinated notes. The company was founded on March 17, 2005 and is headquartered in Tel Aviv, Israel.

Ampal-American Israel Corp. is engaged in acquiring interests of businesses in the state of Israel or that are Israel-related. It operates in five segments: chemical, energy, real estate rental, leisure-time, and finance. The company was founded in 1942 and is headquartered in New York, NY.