What Does UMTB Mean?
UMTB stands for United Mizrahi Tefahot Bank.
At the beginning of 2005 the United Mizrahi Bank Ltd. and the Tefahot Israel Mortgage Bank Ltd. merged to become one bank, and eventually changed its name to Mizrahi Tefahot Bank Ltd. ("Mizrahi Tefahot").
The merger, the largest that had ever taken place in the Israeli banking system created, for the first time, an advantageous link between current and mortgage accounts.
The amalgamation of a leading, professional, commercial high-street bank together with the largest Israeli mortgage bank provides you with a unique range of valuable offers in both of these areas, and exclusive attractive benefits.