Joseph Beressi - Israel Discount President

DSCT Stock  ILS 2,394  42.00  1.79%   

President

Mr. Joseph Beressi serves as Senior Vice President, Chief Accounting Officer and Head of the Accounting division at Israel Discount Bank Limited since April 1, 2000. His work experience includes the following roles Director at Mercantile Discount Bank Ltd., Director at Badal Computer and Management Services Ltd., Director at Nidbach Real Estate and Investments Ltd., Director at Discount Reinsurance International Limited, Guernsey, Director at Diners Club Israel Ltd., Director at Israel Credit Cards Ltd. and Director at Israel Discount Capital Markets and Investments Ltd. since 2000.
Age 68
Tenure 24 years
Phone972 3 9439111
Webhttps://www.discountbank.co.il
Beressi holds a Bachelors degree in Accounting and Economics from Tel Aviv University. He is a Certified Public Accountant.

Israel Discount Management Efficiency

Israel Discount's management efficiency ratios could be used to measure how well Israel Discount manages its routine affairs as well as how well it operates its assets and liabilities.
Israel Discount Bank has accumulated 12.3 B in total debt. Debt can assist Israel Discount until it has trouble settling it off, either with new capital or with free cash flow. So, Israel Discount's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Israel Discount Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Israel to invest in growth at high rates of return. When we think about Israel Discount's use of debt, we should always consider it together with cash and equity.

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Israel Discount Bank Limited, together with its subsidiaries, provides various banking and financial services in Israel, Europe, North America, and South America. Israel Discount Bank Limited was founded in 1935 and is based in Tel Aviv, Israel. ISRAEL DISCOUNT is traded on Tel Aviv Stock Exchange in Israel. Israel Discount Bank (DSCT) is traded on Tel Aviv Stock Exchange in Israel and employs 8,036 people.

Management Performance

Israel Discount Bank Leadership Team

Elected by the shareholders, the Israel Discount's board of directors comprises two types of representatives: Israel Discount inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Israel. The board's role is to monitor Israel Discount's management team and ensure that shareholders' interests are well served. Israel Discount's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Israel Discount's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph Beressi, Senior Executive Vice President - Chief Accountant and Head of the Accounting Group
Assaf Eldar, Ex Division
Adi Kaplan, CIO VP
Nitzan Sandor, Chief VP
Lena Schwartz, Head Relations
Barak Nardi, Exec CFO
Liran Razmovich, Pres Underwriting
Uri Levin, CFO, Head of Planning, Strategy and Fin. Division and Sr. Executive VP
Lissa Baum, Head York
Moshe Agami, G Underwriting

Israel Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Israel Discount a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Israel Stock

Israel Discount financial ratios help investors to determine whether Israel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Israel with respect to the benefits of owning Israel Discount security.