Branching Out

There’s a new factor in town. The Israel Discount Bank, or IDBBank, celebrated the opening of its new downtown Los Angeles branch with a huge party on Sept. 28. Hundreds of people gathered inside a big white tent set up on the patio level of 888 S. Figueroa St., where the new branch is located, to eat hors d’oeuvres and listen to klezmer music. The new branch houses the recently inaugurated office for IDBFactors, which joins other new factors in town. IDBBank also has a branch in Beverly Hills, Calif. (Shown left to right are Harold Dundish, senior vice president and Western regional manager of IDBFactors, Yoav Peled, senior vice president and regional manager for California, and Kiyoun Kim, the downtown Los Angeles branch manager and vice president.) —Deborah Belgum