 | |
Native name | בנק מסד |
|---|---|
| Formerly | Massad Mutual Loans and Savings Company (until 1977) |
| Company type | Public |
| Industry | Banking |
| Founded | 1929 |
| Headquarters | |
Area served | Israel |
Key people | Gabriel Teitel (CEO)[1] |
| Parent | First International Bank of Israel |
| Website | www |
Bank Massad was founded in 1929 as the Massad Mutual Loans and Savings Company (Hebrew: מסד חברה הדדית להלוואות וחסכונות בע"מ) by Histadrut HaMorim (Israel's teachers' trade union). Today it is a subsidiary of First International Bank (51%), jointly owned with Histadrut HaMorim.
