Israel Discount Bank Q3 Profit Rises, Credit Loss Expenses Dip

Bank expected to record profit of NIS 217 million on net interest income of NIS 1.094 billion and credit loss charges of NIS 154 million.

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Israel Discount Bank beat estimates with a 25 percent rise in quarterly profit, as lower expenses for credit losses offset a decline in financing income.Discount, Israel's third-largest lender, reported on...