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Latest Israel Banking News

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  • Industrial Development Bank Gives State NIS 300 Million 10 Nov 2009 02:32 GMT
    ... Development Bank Gives State NIS 300 Million (IsraelNN.com) The Industrial Development Bank presented the state ... on Monday. The payment represents redemption of deposits and settling of accounts and was made ... the state sells off its shares in Bank Leumi and the Israel Discount Bank. © IsraelNN ...

  • Israel's start-ups boost economy 10 Nov 2009 08:11 GMT
    ... The reason for this is not that Israel has particularly smart people. Students from Singapore outperform ... has substantially outstripped the average GDP growth rate of developed countries. This pattern was not ... the global financial crisis?" Its answer: conservative banking practices, high transparency and detailed reporting to ...

  • Blaming the 'Dithering' Obama 10 Nov 2009 04:31 GMT
    ... by recognition that any ramped-up pressure on Israel to make concessions could anger powerful neoconservatives, both ... Afghanistan and Pakistan. Those international problems then reverberate back to the U.S. political scene by ... – backing away from nationalizing some too-big-too-fail banks last winter and agreeing to a scaled-down $787 ...

  • Recovery 'a bit better' than expected 10 Nov 2009 05:50 GMT
    ... Settlements in Basel, Switzerland. He said central banks would phase out their crisis measures in a ... Some central banks — such as Norway, Israel and Australia — have already raised interest rates, ... said there was no discussion of interest rate rises at the meeting. With Reuters ...

  • Dynamic Announces Receipt of $600,000 in Subscriptions Under Unit Offering; Changes in Management 10 Nov 2009 01:11 GMT
    ... 25 years and President of John Deere Credit for over 8 years. As well, Mr. ... is volunteering as Treasurer of Christians For Israel, Canada, responsible for Planning and Development. Gerald Solensky ... was invited to pursue a career in banking as a Regional Vice-President. His success has ...

  • Banks warn Hodak c'tee will reduce credit 9 Nov 2009 13:54 GMT
    ... Banks warn Hodak c'tee will reduce credit "Harm ... and make it more expensive, warns the banking establishment. Supervisor of Capital Markets, Insurance and ... David Hodak. The Association of Banks in Israel's research department says, "We believe that the committee's ...

  • Banks' doubtful debt provisions seen rising 9 Nov 2009 13:15 GMT
    ... The banks aggregate provision for doubtful debts is projected ... half, including for Lev Leviev's personal debts. Banking sources believe that the banks' provisions for ... for this debt is Leviev's shares in Africa-Israel. This collateral has diminished as a result of ...

  • Lively start-up culture keeps Israel thriving 10 Nov 2009 00:00 GMT
    ... The reason for this is not that Israel has particularly smart people. Students from Singapore outperform ... has substantially outstripped the average GDP growth rate of developed countries. This pattern was not ... the global financial crisis?" Its answer: conservative banking practices, high transparency and detailed reporting to ...

  • Mon: Delek again drives TASE higher 9 Nov 2009 16:47 GMT
    ... to 1%. On the local scene, the Israel Tax Authority today released encouraging macroeconomic figures. ... of the forum advised Governor of the Bank of Israel Prof. Stanley Fischer to raise the interest ... of 3.2%. ) rose 1.6%, boosting the Banking Index by 1.6%. ) rose 2.8% as ...

  • TowerJazz Reports Record Performance for the Third Quarter 2009 9 Nov 2009 10:30 GMT
    ... MIGDAL HAEMEK, Israel, November 9 /PRNewswire-FirstCall/ -- TowerJazz, an independent ... net profit since its inception - Significant corporate-wide cost efficiencies tied with increased revenue, have ... stipulated in our agreements with our lenders, banks and bond holders, (viii) our ability to capitalize ...

  • TowerJazz Reports Record Performance for the Third Quarter 2009 (PRN) 9 Nov 2009 10:30 GMT
    ... a.m. Eastern Time (EST) / 5:00 p.m. Israel time. 1-888-668-9141 (U.S. toll-free number) or +972-3-918-0650 (international) ... its fully owned U.S. subsidiary Jazz Semiconductor, operate collectively under the brand name TowerJazz, manufacturing ... stipulated in our agreements with our lenders, banks and bond holders, (viii) our ability to capitalize ...

  • Commentary: Hasan's conspiracy mentors 9 Nov 2009 13:51 GMT
    ... cooked up by the CIA and Mossad, Israel's external intelligence service. Even though al-Qaida's and ... world's 130 million Muslims are estimated by moderate Arab leaders to be fundamentalist whose sympathies ... biggest Sept. 11 canard that had phone banks calling all the Jews in Long Island and ...

  • Gateway to higher returns? 9 Nov 2009 07:31 GMT
    ... Lower interest rates should feed through to loan growth and stimulate the economy. Signs of ... yoghurts, mineral water, vitamins, computers, broadband and banking services. These trends are likely to develop ... range of markets - including for example Israel and Croatia, and former Soviet republics such as ...

  • Martin Sherman: Setting the record straight on Rabin 9 Nov 2009 20:50 GMT
    ... conveyed a patently mendacious message - apparently banking his readers' short-term memories and large-scale ignorance. ... oblivious to the fact that today the Israeli economy has become so vibrant and resilient, that ... more impressive 6.6%?! Of course, the rapid growth-rate in both these periods was due in ...

  • Blaming the 'Dithering' Obama 9 Nov 2009 17:19 GMT
    ... by recognition that any ramped-up pressure on Israel to make concessions could anger powerful neoconservatives, both ... Afghanistan and Pakistan. Those international problems then reverberate back to the U.S. political scene by ... - backing away from nationalizing some too-big-too-fail banks last winter and agreeing to a scaled-down $787 ...


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