The cash turnover in Israel grew by 4 percent last year to 85.9 billion NIS

Posted on Jul 24, 2019 by Ifi Reporter

The cash turnover in Israel grew by 4 percent last year compared with the previous year and amounted to NIS 85 billion and NIS 900 million
This emerges from data published by the Bank of Israel's Currency Department. It also turns out that twenty-six percent of the daily expenditure of Israelis was paid in cash. Thirty-eight percent were paid with credit cards. The rest was paid in bank transfers and through payment applications. 


ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

Electra Group Secures Lucrative Contract for JFK Airport Terminal 1 Lighting System Construction

May 3, 2024 by Ifi Reporter

Expanding its foothold in the United States, Electra Group has announced a significant milestone as its subsidiary, Gilston (51% owned), clinched a subcontracting deal for the construction of the lighting system in the forthcoming Terminal 1 at JFK Airport in New York. The lucrative contract,... Continue reading →

United Airlines Extends Flight Suspension to Israel Amidst Ongoing Security Concerns

May 1, 2024 by Ifi Reporter

United Airlines has announced an extension of its flight suspension to Israel following the recent missile and drone attack by Iran. The American carrier, which initially halted its operations in Israel until May 2, will now refrain from resuming flights until at least May 9, citing ongoing... Continue reading →

Israeli Mortgage Market Sees Average Decrease in March Despite Recovery in Activity

Apr 30, 2024 by Ifi Reporter

March saw a surprising turn in the Israeli mortgage market, with the average mortgage amount decreasing significantly despite a reported recovery in market activity. Data released by the Bank of Israel indicates a notable decline in the average mortgage compared to previous months, marking the... Continue reading →


Testimonials

No testimonials. Click here to add your testimonials.