Moti Cohen

Municipal Bank Ltd. is a bank and engages in financial services. It operates through the following segments: Short-term and long-term credit and Raising deposits. The Short-term and long-term credit segment grants credit mainly to local authorities and to water and sewage corporations, to urban economic companies, to municipal and public sector suppliers, and to other entities, primarily in the urban and public sectors in Israel, including infrastructure, income-producing real estate finance, leasing and public transportation. The Raising deposits segment is operates in raising deposits mainly from institutional investors, local authorities and other companies, and issues of debentures, subordinated deeds and commercial securities. The company was founded in 1953 and is headquartered in Tel Aviv, Israel.

Part of Sapiens International Corp. NV, Tiful Gemel Ltd. is a leading Israeli company in the operation of pension funds, pension funds management, and pension operation for employers. The company is based in Rehovot, Israel. The company also provides operational services to employers and institutional pension bodies. Tiful Gemel, the leading and veteran company, develops a variety of software solutions for managing pension funds and pension funds portfolios. The company was founded in 2007. The CEO is Moti Cohen. Tiful Gemel was acquired by Sapiens International Corp. NV on January 05, 2021.