Banking
Category: Banking
The Israeli technology sector is witnessing a resurgence, buoyed by new opportunities and resilient innovation, despite ongoing challenges in attracting investment. While investment remains a primary hurdle for the ecosystem, favorable valuations and substantial growth potential present promising prospects for investors eyeing Israeli innovation
Mar 31, 2024
Category: Banking
A Houthi drone exploded in Eilat on Wednesday afternoon, injuring at least 20 people — two of them seriously — in the third attack on the southern resort city in two weeks. Despite the strike, Israelis quickly returned to the malls and the promenade, which appeared busy just hours after the blast
Sep 24, 2025
Category: Banking
Israel’s banking system is closing an unusually strong third quarter, with Bank Leumi and Mizrahi Tefahot—two of the country’s largest financial institutions—reporting a combined net profit exceeding NIS 4 billion. Leumi delivered a sharp double-digit rise in profitability, while Mizrahi Tefahot strengthened its leadership in credit and mortgages. Both banks also announced significant dividend distributions, reinforcing investor confidence
Nov 18, 2025
Category: Banking
The Bank of Israel announced Monday that its Monetary Committee decided to cut the benchmark interest rate by 0.25 percentage points to 3.75%, bringing the prime lending rate to 5.25%. The decision aligned with most market analysts' expectations and marked the second rate reduction this year, four months after the January 2026 cut
May 25, 2026
