Banking

Bank of Israel launched a new website in Arabic
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Bank of Israel launched a new website in Arabic

by Ifi Reporter

Category: Banking

Bank of Israel Governor Karnit Flug visited Baka al-Garbiya and launched the Bank of Israel's new website in Arabic. The site in Arabic is parallel to the site in Hebrew, and contains a lot of information about the Israeli economy, activity and policy of the Bank, statistical information, reviews and economic analysis, information regarding currencies and bills in Israel and more.

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Apr 17, 2018

The Antitrust Authority  officially disqualified the merger beteween Mizrahi and Union banks
162 Views Details

The Antitrust Authority officially disqualified the merger beteween Mizrahi and Union banks

by Ifi Reporter

Category: Banking

The Antitrust Authority officially disqualified the merger between Union Bank and Mizrahi Tefahot Bank. Acting General Director of the Israel Antitrust Authority, Uri Schwartz, announced his opposition to the merger between Bank Mizrahi-Tefahot and Union Bank. The Authority explained that the move would have harmed competition on private customers in the banking system, a competition that is also limited in the situation before the merger

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May 22, 2018

The merger between Union Bank and Mizrahi Tefahot Bank was disqualified
246 Views Details

The merger between Union Bank and Mizrahi Tefahot Bank was disqualified

by Ifi Reporter

Category: Banking

The Antitrust Authority officially disqualified the merger between Union Bank and Mizrahi Tefahot Bank. Acting General Director of the Israel Antitrust Authority, Uri Schwartz, announced his opposition to the merger between Bank Mizrahi-Tefahot and Union Bank. The Authority explained that the move would have harmed competition on private customers in the banking system, a competition that is also limited in the situation before the merger.

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May 30, 2018

Leumi-Card-employees-launched-a-general-strike-without-a-time-limit
178 Views Details

Leumi-Card-employees-launched-a-general-strike-without-a-time-limit

by Ifi Reporter

Category: Banking

The labor dispute at Leumi Card is approaching the decisive point. Last Thursday, the workers' committee of the credit card company decided to launch a general strike indefinitely, which continued today. The strike was also backed by the decision of the Labor Court last weekend, according to which there is no obligation to operate the permits and signatures Hotline, although the committee decided to operate it, in a limited format

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Aug 26, 2018

The Dollar weakened and  is worth in Israel: 3.61 Shekel
188 Views Details

The Dollar weakened and is worth in Israel: 3.61 Shekel

by Ifi Reporter

Category: Banking

The dollar fell 0.9% and its representative rate was set at NIS 3.610, while the US currency lost 3% in value, while the representative euro fell 0.7% to NIS 4.222

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Aug 30, 2018

Shari Arison wants out of israel: will sell her holdings in Hapoalim bank
247 Views Details

Shari Arison wants out of israel: will sell her holdings in Hapoalim bank

by Ifi Reporter

Category: Banking

Shari Arison is on her way out fron Israel. The announcement of the separation from Bank Hapoalim comes after Arison sold the controlling interest (47%) in the real estate and infrastructure company, Shikun U'Binui, to American businessman Nati Sayidoff for NIS 1.1 billion. Arison put on its shelf the additional holdings in Israel - Salt Industries, which it acquired from the Dankner family. She strives to stay with her maintenance in the American shipping company Carnival Cruise, controlled by her brother Mickey Arison

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Sep 5, 2018

Discount bank buys Dexia bank for  for NIS 670 million
170 Views Details

Discount bank buys Dexia bank for for NIS 670 million

by Ifi Reporter

Category: Banking

Dexia Israel Bank, which operated in recent months without a core controlling interest, becomes part of Israel Discount Bank. The two banks signed a deal according to which Discount will purchase 100% of the shares of Dexia for NIS 670 million in cash, almost identical to the shareholders' equity of the bank

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Sep 12, 2018

Professor Amir Yaron was chosen as Governor of the Bank of Israel
154 Views Details

Professor Amir Yaron was chosen as Governor of the Bank of Israel

by Ifi Reporter

Category: Banking

Prime Minister Netanyahoo and Finance Minister Kahlon announced that they had chosen Professor Amir Yaron as Governor of the Bank of Israel. He was preceded by three candidates: Prof. Ben Zion Zilberfarb, Prof. Efraim Sadka and Prof. Mario Blecher. Netanyahu and Kahlon are interested in approving the cabinet appointment on Sunday, when the appointment will also be required for the approval of the senior appointments committee (the Goldberg Committee)

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Oct 9, 2018

El Al  low-cost airline brand - UP is terminated for a new pricing model
167 Views Details

El Al low-cost airline brand - UP is terminated for a new pricing model

by Ifi Reporter

Category: Banking

EL AL's low-cost airline brand, UP officially completes its operations, and a new pricing model for European destinations has come into effect. The cards are divided into three types: easy, classic and flexible. Prices will be according to the card level. The Lite card will include hand luggage, hand bag, snack and drink. The classic card will include a hand luggage, a handbag, a light meal, the option of choosing a standard seat and sending a suitcase to the belly of the plane. In addition, this card can be changed or canceled at an additional charge

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Oct 15, 2018

The International Bank has signed an agreement for the issuance of credit cards with Leumi Card
109 Views Details

The International Bank has signed an agreement for the issuance of credit cards with Leumi Card

by Ifi Reporter

Category: Banking

The International Bank has signed a cooperation agreement for the issuance of credit cards with Leumi Card and will offer the cards under all of the Group's brands: the International Bank, Otsar Hahayal, Massad, Ubank and Pagi, in addition to the existing credit cards of Isracard and CAL. Upon completion of the transaction, the Bank will comply with the requirements of the law, and no additional credit company will be required, since it already works with CAL and Isracard, and will actually work with all existing credit companies in the market

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Mar 2, 2019

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