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Discount Bank reports higher profit, to speed up ICC-CAL sale

Israel Discount Bank reported a profit of NIS 1.1 billion for the second quarter of 2025, marking a 7% increase compared to the same period last year. The annualized return on equity was 13.6%, slightly lower than the previous year's figure. The bank announced plans to distribute a 40% dividend along with a 10% dividend as part of its share buy-back program. In addition, the bank is accelerating efforts to sell its majority stake in the ICC-CAL credit card company, with three groups expressing interest in acquiring the asset.

Original article source: https://en.globes.co.il/en/article-discount-bank-reports-higher-profit-to-speed-up-sale-of-icc-cal-1001519014
Source Id: 8815416701

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