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ISRAEL AT WAR - DAY 429

Max credit card

An illustrative image of a stack of credit cards. (alexialex; iStock by Getty Images)
October 11, 2023, 7:25 pm
Israeli victims’ credit cards reportedly abused by terrorists after Hamas onslaught
Central bank, credit card firms say they’ve been following the situation since the start of the war and are acting swiftly to freeze cards and bank accounts
By Sharon Wrobel
Yoram Naveh, Clal Insurance Finance CEO (middle) and Max chairman Yaron Bloch (second from left). (Courtesy)
March 27, 2023, 8:22 pm
Clal Insurance completes acquisition of Max credit card in deal worth NIS 2.5b
Clal gets control permits from regulators to buy control of Max from US private equity firm Warbus Pincus; deal hoped to boost competition in consumer credit market
By Sharon Wrobel
An illustrative image of a stack of credit cards. (alexialex; iStock by Getty Images)
February 23, 2023, 6:47 pm
Bank of Israel grants permit for Clal Insurance to take control of Max credit card
Approval paves way for Clal to snap up Max credit card company in deal worth NIS 2.5 billion; central bank sets criteria for Clal to hold at least 30% stake in Max
By Sharon Wrobel
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