IDB Bank

We’re saying thank you to our clients in South Florida!   Our annual Florida celebration brought together hundreds of long-standing relationships to connect with senior leadership and mark IDB’s 75+ years of service in the U.S. and across our global community. This year, our event was made especially memorable with an exclusive performance from Israeli singer-songwriter, Idan Raichel. We’re bringing our momentum, gratitude and commitment to excellence with us into the next exciting year!   A special acknowledgement to Avner Mendelson, President & CEO; Sagy Aseraf, President of Private Banking & Wealth Management, and Florida Regional Manager; and our Florida team for a fantastic evening!  Ruben Wiernik, Arie Kom, Roger Guigui, Rony Porat, Riaz (Ray) Gaya, Alex Polshikov, Zahi Levy, Limor Biran, Mazal Yehezkely, Shahar Ben-David (Ifergan), Elena Santana, Rajesh Melwani, Alfonso Esterripa, David Aloni, Shirly Dayan, Gal Ben Naim, Shimi Barazany, Nir Lerman, Karen Lichtenfeld, Samantha Mizrahi

Today, we honor and recognize all those who have served and are currently serving our nation. We thank you for your service, sacrifice and courage. This month, with deep appreciation for our Veterans, we are proud to share our support for GoVA Inc., a mission-driven organization that aims to empower active military personnel, veterans and their families with personalized financial education and interactive tools to help them achieve their goals. We are proud to partner with this exceptional cause, as we will continue to stand with our servicemen and women today and every day. #VeteransDay #ThankYouVeterans

We are proud to name Sagy Aseraf as IDB Bank’s President of Private Banking & Wealth Management. A seasoned banking leader with more than 25 years of global experience, Sagy’s appointment signals a new chapter for our organization, as we continue to transform our business to deliver next generation services to our global clientele. In this role, he will lead the strategic roadmap for our Private Banking and Wealth Management business across the U.S., Latin America and Israel to drive aggressive growth milestones and enable seamless service delivery for both domestic and international clients. Since 2016, Sagy has served as a valued member of our senior leadership team across several business-critical capacities. He will continue to serve as IDB’s Florida Regional Manager, and will additionally retain his position as Head of the Bank’s Israeli business segments, where he oversees international business segments including IDBTech and commercial banking for Israeli-based companies. Please join us in congratulating him! Read our fully announcement: https://lnkd.in/eGEQRai3 #PrviateBanking #WealthManagement #StrategicTransformamton #LeadershipAppointment 

Last week, we had the great pleasure of hosting NTA - NYC Technion Alumni Association at our New York office for an evening of exciting conversations, connects and insights. Each year, Technion – Israel Institute of Technology graduates thousands of bright, mission-driven young people who are committed to solving some of our most pressing challenges around the world through the power of science, technology and engineering. It was terrific to bring this community together for a lively panel on Entrepreneurship & Startups with amazing insights from Daniel Povitsky, Elan Arnowitz, and Lior Avisar. Big thank you to our own Shahar Ben-David, for leading our efforts for this great event, as well as Dave Begun and Doris Pitilon for their leadership and partnership. #GlobalSTEM #AlumnaiEvent #CelebratingTech

Another successful deal from our Florida Commercial Real Estate team! We are pleased to announce that IDB Bank has recently provided a new senior loan facility of $42MM to benefit a 204 unit multifamily property with  7,142 SF of commercial space in Hollywood, Florida. Providing critical bridge financing to a new landmark building, our recent deal marks another exciting milestone in our growing CRE portfolio.    Congratulations to Rajesh Melwani, SVP, FL Commercial Real Estate and Riaz (Ray) Gaya, Senior Credit Executive Gaya, Head of Florida Middle Office, for leading this successful financing for our client. Special thanks to Sreedhar Iyer for providing underwriting support. Learn more about IDB’s commercial real estate lending platform here: https://lnkd.in/evZgKWxD #FLRealEstate #FloridaRealEstate #RealEstateFinancing

We’re pleased to congratulate Frank Marsicano on his recent appointment to the role of SVP, Head of Specialty Finance Originations & Syndications!   Leveraging more than 30 years of experience in delivering solutions to diverse clients across the middle market, Frank will both spearhead our strategic business development efforts for IDB’s ABL & Factoring segment and lead our Syndications team.   Frank’s appointment is an exciting milestone, as we continue to drive our strategic growth agenda and segment penetration across high-opportunity markets.   Please join us in wishing him great success in his new role! #CelebratingColleagues

Congratulations, Jeremy Cramer! We’re pleased to share that Jeremy Cramer, Head of California Commercial Real Estate, has been recognized among industry leaders and changemakers as a Commercial Real Estate Visionary from the LA Times Studios. Since joining our team in April 2024, Jeremy has played a crucial role in advancing our commercial banking and lending efforts, growing IDB’s regional CRE regional book of business by 17% year-over-year. He is additionally recognized for his active community and ESG contributions within our CA region, including through his support of Reacademic LLC, an organization dedicated to empowering professionals in California’s real estate and business sectors. Please join us in celebrating this meaningful and exciting recognition! #CelebratingSuccess #CREVisionaries #LeadersInCRE #CARealEstate

A historic day of gratitude and remembrance.

We’re proud to have partnered with New York Cares for a day of #teamwork, #communityservice, and tremendous fun!   Last week, more than 100 of our team members rolled up their sleeves for a day of gardening and clean-up at the Inwood Hill Park – an initiative with the aim to build stronger #community ties through the power of better and revitalized green spaces.    Giving back is at the heart of who we are and what we do. Thank you to everyone who joined us for this special day of service – we look forward to many more opportunities to come together to make a difference!   #LifeatIDB

We’re proud to share that IDB Bank has recently served as the Sole Lender to provide $28 million in term financing to benefit a 146,000 SF office building located in Pasadena, California. Congratulations to Vardit Jan-Engel, SVP, Commercial Banking, for leading our successful deal closure, as well as to Jeremy Cramer, Head of California Real Estate, who continues to oversee our strategic financing efforts with the region. Learn more about our Commercial Real Estate offerings here: https://lnkd.in/em3Vgm3r #PasadenaRealEstate #CRE #Financing