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Latest Israel Banking News

  • Venture Capital: A Primer 15 May 2008 16:17 GMT
    ... use of time and energy. The failure rate is high. It takes an enormous level ... Meanwhile, the leading law, accounting, and investment banking firms have worked to standardize deal structure ... the "Three I's" - Ireland, India, and Israel. Competing models based on low-cost labor arbitrage and ...

  • Baring Emerging Eur - Half-yearly Report 15 May 2008 15:55 GMT
    ... large equity write downs in the global banking system and culminating in the rescue of ... Sistema Hals, Ablon, CA Immo and Africa Israel Development from the portfolio. It also sharply reduced ... through the sale of Turkish and Hungarian banks such as Vakif Bank, Akbank and OTP. ...

  • Directors' Remuneration 15 May 2008 14:54 GMT
    ... Audit Committee for approval of the transaction: Bank Leumi le-Israel B.M. (the "Bank") hereby announces that the ... and Proper Banking Management Directives of the Bank of Israel , accounting and financial expertise or professional ...

  • Tefron Reports First Quarter 2008 Results 15 May 2008 13:52 GMT
    ... MISGAV, Israel, May 15 /PRNewswire-FirstCall/ -- First Quarter Summary ... $ 1,371 $ 7,347 $ 2,384 Short-term deposits 3,006 11,280 7,063 Marketable securities 4,261 9,045 ... 42,774 44,303 LONG-TERM LIABILITIES: Long-term loans from banks (net of current maturities) 14,480 17,836 13,374 ...

  • UK economy teeters on a ravine 15 May 2008 10:34 GMT
    ... armies with the possible exception of the Israeli Defence Forces. Inflation has become rampant. Even ... second front for the bank is the credit crunch which officially began on 9 August ... it is still with us with the banks around the world ferociously fighting to raise ...

  • Pointer Telocation Announces Record Quarter - $752 Thousand Net Income in Q1 2008 Compared With Net 15 May 2008 09:50 GMT
    ... the First Quarter of 2007 ROSH HAAYIN, Israel, May 15 /PRNewswire-FirstCall/ -- Pointer Telocation Ltd. ... GAAP, as management believes the measure helps illustrate underlying operating trends in the Company's business ... _________ _________ LONG-TERM LIABILITIES: Long-term loans from banks 18,610 18,460 Long-term loans from shareholders and others ...

  • Pointer Telocation Announces Record Quarter - $752 Thousand Net Income in Q1 2008 Compared With Net Loss of $180 Thousand in Q1 2007 15 May 2008 08:26 GMT
    ... ROSH HAAYIN, Israel, May 15, 2008 /PRNewswire-FirstCall via COMTEX/ -- ... GAAP, as management believes the measure helps illustrate underlying operating trends in the Company's business ... _________ _________ LONG-TERM LIABILITIES: Long-term loans from banks 18,610 18,460 Long-term loans from shareholders and others ...

  • Camtek Announces First Quarter 2008 Results 15 May 2008 06:55 GMT
    ... MIGDAL HAEMEK,Israel, May 15 /PRNewswire-FirstCall/ -- Camtek Ltd. (NASDAQ: CAMT ... circuit board industry, the high density interconnect substrate industry and the semiconductor manufacturing and packaging ... 2008, NewsBlaze, Tags: Tags: Computers and Electronics, Banking and Finance, High Tech, '> ...

  • Recognizing Israel 15 May 2008 05:19 GMT
    ... its neighbors; democratic, yet beset by conflict: Israel, as it attains its 60th anniversary, resists ... Jews in Europe. It intended, at any rate hoped, to attract the great mass of Jews ...

  • The Battle for America Has Begun- Strategic Forecasts 15 May 2008 02:13 GMT
    ... in the U.S. and their counterparts in Israel , who may simultaneously carry the attack to Lebanon ... play into the hands of the privately-owned banking system which makes all the important economic ... are wising up to what the central banks and global corporations run by the world's ...

  • OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, May 14th CABN, TISA, IVOI, AOGN, BHBC 14 May 2008 19:51 GMT
    ... Far East, Japan, North and South America, Israel, and Africa. The company was founded in 1991 ... licenses for the mitigation of paraffin wax deposition from crude oil using ultrasonic waves; borehole ... of Beverly Hills that provides various commercial banking and lending services primarily in southern California. ...

  • Wed: Results boost Cellcom, Makhteshim 14 May 2008 16:45 GMT
    ... real estate leading the way and the banks dragging, but Cellcom and Makhteshim-Agan were the ... results sent its share up 2.5%. The Banking Index was the weakest of the main ... shut down its natural gas activity in Israel, and will grant concession rights on the Or ...

  • Banks sued for not paying interest 14 May 2008 14:36 GMT
    ... Interest on credit balances is a consistent topic in Knesset ... opinion estimates the accumulated loss to the banks' customers from the non-payment of interest at ... current bank accounts. Published by Globes [online], Israel business news - © Copyright of Globes Publisher ...

  • Noble Energy Announces Updated Guidance, Global Resource Estimates and Continued West Africa Drilling Success 14 May 2008 11:30 GMT
    ... North Sea and increased natural gas sales inIsrael. Noble Energy also confirmed its six to 10 ... $85 million OTHER ITEMS -- Effective tax rate 32 - 36% -- Deferred tax ratio ... 2008, NewsBlaze, Tags: Tags: Oil, Gas, Energy, Banking and Finance, , texas Noble Energy Announces ...

  • Ituran Location and Control Ltd. Presents Results for the First Quarter of 2008 14 May 2008 10:32 GMT
    ... 41% Over Last Year Reaching $32.8m AZOUR, Israel, May 14 /PRNewswire-FirstCall/ -- Ituran Location and Control ... thousands) 2008 2007 Current liabilities Credit from banking institutions 11,161 318 Accounts payable 15,704 12,703 ... 2,219 1,378 Exchange differences on principal of deposit and loan, net 48 (24) Exchange differences ...

  • Allot Communications Announces First Quarter 2008 Results 14 May 2008 09:04 GMT
    ... Communications Announces First Quarter 2008 Results HOD HASHARON,Israel, May 14 /PRNewswire-FirstCall/ -- Allot Communications Ltd. (NASDAQ: ... and cash equivalents, including short and long-term deposits and investments in marketable securities, totaled were ... and Electronics, Internet, VOIP, Phones and Telecommunications, Banking and Finance, High Tech, Allot Communications Announces ...

  • Cellcom Israel Announces First Quarter 2008 Results 14 May 2008 08:54 GMT
    ... Cellcom Israel Announces First Quarter 2008 Results NETANYA, Israel, ... representative rate of exchange published by the Bank of Israel on June 4, 2008), subject to ... 1,336 1,903 Long-term liabilities Long-term loans from banks - - 1,076 343 Debentures 3,425 964 ...

  • DIARY - Germany - to June 12 14 May 2008 05:04 GMT
    ... FRANKFURT- ECB Governing Council meeting. No interest rate announcements scheduled. Any announcement about other issues ... opens 10th Bundesbank Spring Conference on central banks and globalisation (0700-0730 GMT).- SATURDAY, MAY 24 JERUSALEM- ... globalisation (0700-0730 GMT).- SATURDAY, MAY 24 JERUSALEM- Israel to host the Group of Thirty (G30) Spring ...

  • Israeli stocks on prosperous path 14 May 2008 02:52 GMT
    ... . "It's the Israeli side that's been performing like gangbusters, not ... is dominated by traditional industries, such as banks, insurance, retail, and construction, while Israeli companies ... some came to New York as American Depositary Receipts. However, more recently, an increasing number ...

  • Moody's maintains Beirut's woeful credit rating 14 May 2008 00:04 GMT
    ... a devastating month-long war between Hizbullah and Israel in 2006," Moody's said. It added that the ... as a source of reassurance for bank depositors," according to Moody's In addition, the agency ... the agency acknowledges that depositors in Lebanese banks, which ultimately act as the primary source ...

  • Tue: TASE Again up, Dollar Again Down 13 May 2008 22:59 GMT
    ... to NIS 5.311/€. In the stock market, Israel Chemicals Ltd. (TASE: ICL) fell 1.5% after seesawing ... 1%, thanks to a 1.5% gain by Bank Hapoalim (TASE: POLI; LSE:80OA), even as Clal Finance ... analysis about the bank's mortgage-backed securities portfolio. Bank Leumi (TASE: LUMI) rose 0.6%. The Real Estate ...

  • The Case For Further Inflation 13 May 2008 22:07 GMT
    ... lead to a dangerous increase in the rate of inflation in the future. These factors ... '73-'74 oil embargo following US support for Israel during the Yom Kippur war. Rising energy prices ... and the related credit crunch in the banking system. If the entire economy was doing ...

  • Moniker Unveils Additional Domain Names Available at Upcoming T.R.A.F.F.I.C. East Event in Orlando 13 May 2008 16:54 GMT
    ... addition to highly marketable names such as Israel.com, BlueRay.com GasPrices.com and Pay.com will be up ... registrar, holds the industry's highest customer retention rate and pioneered the industry's first domain appraisal ... Tags: Consumer Electronics, Internet, Computers and Electronics, Banking and Finance, High Tech, florida Moniker Unveils ...

  • Interest differential widens for banks 13 May 2008 11:11 GMT
    ... come under supervision and greater transparency, the banks have been increasing their profits through wider ... reports for 2007 has found that the banking system's interest differential - the difference between ... of the profit. Published by Globes [online], Israel business news - © Copyright of Globes Publisher ...

  • Bank of Jerusalem faces higher capital requirements 13 May 2008 11:11 GMT
    ... capital adequacy ratio for the bank. The Bank of Israel will reportedly require Bank of Jerusalem to ... Bzura said, "We're in talks with the Banking Supervision Department, and we'll have to showthat ...


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