Mizrachi-Tfachot Gaining Ground

Bank Mizrachi is working hard to position themselves as a serious lender in the Israeli market.

It began with their purchase of Bank Tfachot, for their mortgage department. Now they are going to acquire 50% of Bank Yahav from Bank Hapoalim- hoping to acquire a government tender to supply loans to civil servants.

Bank Yahav is a widely used bank for civil servants.