Bank

After the ceasefire: Leumi is the first bank to reopen its branch in Kiryat Shmona

Just hours after the ceasefire in the North took effect, the bank reopened its doors, becoming the first to resume operations in the city.

CEO of Bank of Jerusalem: "Mortgage terms should be extended to 35 years"

At a conference marking 30 years of Bank of Jerusalem's real estate sector, CEO Yair Kaplan urged the Bank of Israel to extend mortgage terms to 35 years to ease high costs for young couples.

Iranian bank cards now usable in Russia as nations bypass sanctions

Connecting Iran's Shetab interbank network to the Russian system enabled collaboration, reducing reliance on the global SWIFT network, which has excluded Iranian banks since 2018.

By THE MEDIA LINE STAFF
13/11/2024

'Israel’s financial system is more advanced than many places in the world'

Over the past ten years, the Israeli banking system has become much more user-friendly, says Eyal Efrat, first executive vice president and Head of the Technologies Division at Bank Leumi.

Western Union, 'Whish Money' used to fund Hezbollah weapon acquisition campaign

A Hezbollah-run campaign fundraising for weaponry called to make money transfers through international and local services, pointing at Western Union and Whish Money as key service providers.

29/10/2024
 Bank Reserves About To Dry Up, How Will Silver React? | Rafi Farber

Bank Reserves About to Dry Up, How Will Silver React? | Rafi Farber

Rafi Farber, a renowned investor, warns of an impending financial crisis triggered by dwindling bank reserves.

By PR
29/10/2024

Credit failures reported throughout Israel, customers asked to pay in cash

Sheba is among Israel’s leading payment firms, managing transactions across credit networks and banks nationwide.

The strike on Al-Qard al-Hasan bank was a strategic economic blow to Hezbollah

The “bank” serves hundreds of thousands of Hezbollah operatives and their families, providing them with salaries, loans, and funding for the organization’s ongoing activities.

By SHLOMIT WAGMAN
26/10/2024

Hezbollah runs out of money following repeated Israeli strikes

The findings reportedly identified Hezbollah's main source of income as coming from the Lebanese banking institution Al-Qard al-Hasan.

Types of businesses for freelancers in Israel: Exempt, licensed, or LLC

Understanding the distinctions between exempt dealers, licensed dealers, and limited liability companies for independent businesses in Israel: A guide for freelancers.

By IN COOPERATION WITH BANK LEUMI
06/10/2024
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