Company Municipal Bank Ltd

Dexia Israel Bank Ltd. is an Israel-based mortgage and lending bank. The Bank is 65.3% owned by Dexia Credit Local SA and operates as a financial institution, which provides banking services for local authorities and institutional investors. The Bank also acts as the agent of the Treasury accountant, administrating the mutual accounts between the government and the local authorities. Dexia Israel Bank Ltd. offers credit to local authorities and to municipal institutions from financial trusts, tradable bonds, non-tradable and postponed bonds, and from its own capital.