trending Market Intelligence /marketintelligence/en/news-insights/trending/MP1qTcTGI5xOyrS2C6LI1A2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Moody's revises outlook on Israel Discount Bank to positive

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


Moody's revises outlook on Israel Discount Bank to positive

Moody's on Dec. 19 affirmed Israel Discount Bank Ltd.'s A3/Prime-2 long- and short-term deposit ratings and changed the outlook on the long-term rating to positive from stable on the back of its recent financial performance.

The rating agency also affirmed the lender's A2/Prime-1 long- and short-term counterparty risk ratings and its A2(cr)/Prime-1(cr) long- and short-term counterparty risk assessments. The lender's "baa3" baseline and adjusted baseline credit assessments were also affirmed.

Moody's said the rating action reflects the bank's efforts in reducing the gap between it and its domestic peers, along with the agency's expectation that there will be further improvement in Israel Discount Bank's solvency over the outlook period.