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ISRAEL AT WAR - DAY 423
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Loans
Advertisement
June 16, 2024, 8:21 pm
Loan org, Leket food bank, partner to offer farmers credit to cope with war effects
Tracks offer 3% fixed interest rate on loans of up to NIS 300,000 over five years, or prime-rated loans of up to NIS 1 million over a decade, plus help with planning, mentorships
By
Sue Surkes
February 14, 2024, 7:26 pm
After credit downgrade, Moody’s lowers deposit ratings of Israel’s five largest banks
Lower rating increases borrowing costs for banks, which in turn will likely be passed on to consumers and lead to higher lending rates
By
Sharon Wrobel
November 16, 2023, 4:01 pm
Bank Hapoalim defers NIS 17.8 billion in loan and mortgage payments due to war
Bank set aside a provision for credit losses of NIS 662 million in the third quarter amid increased risk of an economic slowdown
By
Sharon Wrobel
October 16, 2023, 5:41 pm
Bank of Israel sets out plan to freeze mortgage, loan payments for 3 months
Central bank says steps provide financial relief and ease cashflow crunch in wake of Hamas onslaught and ongoing war
By
Sharon Wrobel
June 27, 2023, 9:37 pm
Proposed bill a ‘serious blow’ to Bank of Israel’s independence, governor warns
Central bank head urges Netanyahu to withdraw legislation that would force banks to pay interest on current accounts; bill to be brought to Knesset vote on Wednesday
By
Sharon Wrobel
June 20, 2023, 5:08 pm
Bank of Israel head urges lenders to pay fair interest on deposits, current accounts
Central bank chief instructs banks to fully pass on interest rates to deposit holders and come up with a plan to pay interest on the billions of shekels sitting in current accounts
By
Sharon Wrobel
June 8, 2023, 3:05 pm
BlackRock snaps up provider of loans to Israeli and European startups
With offices in Israel, Kreos lends to startups including Israeli taxi-hailing app Gett, energy tech firm SolarEdge, and biotech firm BiolineRX
By
Sharon Wrobel
May 22, 2023, 2:06 pm
Bank Hapoalim posts NIS 2.01b quarterly profit fueled by 49% jump in interest income
Net profit surges 21.3%, prompting bank to raise dividend payout 10 percentage points to 40% of quarterly profit as it benefits from steady interest rate hikes over past year
By
Sharon Wrobel
March 23, 2023, 5:07 pm
IMF warns Lebanon at ‘very dangerous moment’ amid failure to pass crucial reforms
Fund’s delegation fears country faces ‘never-ending crisis,’ as Beirut struggles to approve changes to unlock $3 billion conditional loan to salvage freefalling economy
By
Aya Iskandarani
March 14, 2023, 5:52 pm
Leumi posts biggest profit among Israel’s banks, fueled by steady rate hike
Net profit in 2022 rose 27% to a record NIS 7.7 billion; net interest income jumped 28% to NIS 13.2 billion versus the previous year
By
Sharon Wrobel
January 17, 2023, 5:05 pm
Parties have racked up nearly a quarter of a billion shekels in election debts
Likud owes Knesset NIS 70 million, while Jewish Home and Meretz are unlikely to be able to pay back the tens of millions they owe after failing to enter parliament
By
Tani Goldstein
October 21, 2022, 4:56 pm
Borrowing for home purchases continues freefall amid higher rates, prices
Israelis took out 20% less in mortgages from August to September, Bank of Israel figures show, bringing lending to lowest level in a year; interest rates expected to keep going up
By
Danielle Nagler
November 25, 2020, 4:47 pm
Matti Munk
End of Covid mortgage holiday – will housing prices fall?
Of the million Israelis furloughed or fired after Covid-19 took over our lives, almost 200,000 households chose to put home-loan payments on hold; this holiday is all about over
November 22, 2020, 3:28 pm
After loan extended by COVID-19, South Korea returns art masterpieces to Israel
Israel Museum’s Impressionist and post-Impressionist art was supposed to come home from Hangaram Art Museum in May, and then again in August. It’s finally made it
By
Jessica Steinberg
September 29, 2020, 7:22 pm
Bank of Israel defers loan returns until end of year
Borrowers can delay payments until end of 2020 as pandemic wreaks havoc on economy; however, postponement will have additional costs
By
ToI Staff
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