The Discount Group is a global financial group that strives to enable its private and corporate customers to realize their financial goals. The Group provides its customers with comprehensive banking services in all financial activity spheres, through banking companies in Israel and abroad, as well as capital market and investment, finance and trust companies. In Israel, the Discount Group provides banking services to more than one million private and corporate customers, through a network of over 200 branches, business and investment centers and direct, online and mobile channels. The Group is active in all banking and finance spheres through designated corporate, commercial, retail and private banking, as well as capital market services divisions, and through subsidiaries in Israel, mainly: Mercantile, which is a commercial bank providing its customers with a full range of financial services, and in particular retail and small business banking, through 80 branches; CAL, which provides credit products to private and corporate customers; Discount Capital Markets, which serves as the underwriting, investment banking and real investments arm of the Group; and Tafnit, an investment portfolios management company. The international activity of the Group is conducted mainly through IDB New York, a commercial bank that offers its domestic and international customers private and commercial banking services, through the New York head office as well as through a number of branches and extension offices.