Mortgage risk rises
Analysis by the Bank of Israel finds that loan-to-value and payment-to-income were at peak levels for mortgages taken in April.
eToro SPAC merger likely to be canceled
The Israeli online trading platform could raise up to $690 million in a private financing round, probably at well below the $8.8 billion valuation of the planned merger.
Mortgage lending falls back
The total of new mortgages in April was 22% down on March, but still relatively high for the month of the Passover holiday.
Digital shekel may never happen
Yoav Sofer, who is in charge of the digital shekel project for the Bank of Israel, says it is still not a question of when but if.
Giving banks the boot
Just as Wikipedia decentralized information, so the decentralized economy seeks to wrest control of money from the corporations.
Bank Leumi triples annual profit
The profit for 2021 of NIS 6 billion is by some way the largest among Israel's banks. Leumi has declared a NIS 588 million dividend for the fourth quarter.