In short: Mizrahi-Tefahot Leasing Ltd. is a subsidiary of Bank Mizrahi Tefahot, formerly called Igud Leasing Ltd. It passed to the bank in the Bank Igud merger. According to the bank’s website, the company offers car finance leasing: buying a new car in instalments, on index-linked fixed-rate, prime-linked variable-rate or fixed shekel-rate tracks.
The link to the bank
- According to Mizrahi Tefahot’s website, “subsidiaries in leasing, investments and development passed to Bank Mizrahi-Tefahot following the merger of Bank Igud into it”, and the company is presented as “Mizrahi-Tefahot Leasing Ltd. (formerly Igud Leasing Ltd.)”.
- At a hearing at the Haifa Enforcement and Collection Office on 13 January 2026 (file 515509-06-24), the company’s declarant testified that he is an employee of Bank Mizrahi Tefahot and that the company is “a subsidiary” of the bank.
What a leasing company’s collection proceeding looks like
In car finance leasing the vehicle usually serves as security (a pledge) for the company. When the company claims arrears, it can open a file at the Enforcement and Collection Office to realise the pledge, seek attachment and seizure of the vehicle, and pursue the balance. The debtor may file an objection and ask for the account and the amounts to be examined.
If you received an enforcement warning in a Mizrahi Tefahot Leasing file:
- Check on the Enforcement and Collection Authority portal when the file was opened, on which document, and for what amount.
- Request the full account statement and the leasing contract, and check how interest and arrears charges were calculated.
- Note the deadlines for filing an objection. They are short.
- If the account was opened at Igud and moved to Mizrahi, check whether the standing order was transferred properly. The bank’s own reports document hundreds of merger complaints.
Pending proceedings
A group of pending collection proceedings by the bank and Mizrahi Tefahot Leasing against one customer, including what was stated in transcripts and motions, is described in Criminal and regulatory proceedings. Final judgments in which the company was a party will be added to the archive when published.
Nothing here is legal advice. Every file requires checking its specific documents and deadlines.