Credit

With loan relief set to expire, banks will profit while Israelis pay - opinion

The banks will continue waiting patiently. Those very same customers will eventually arrive, will pay the high interest rates, and, unlike today, will have no temporary market benefit on rely on.

 Pile of credit cards with flag of Israel
 THE STOCK exchange flag flies between two Israeli flags at the Tel Aviv Stock Exchange building. In 2024, the Israeli stock market outperformed all major stock indices, including the NASDAQ 100, the S&P 500, and the FTSE 100, the writers point out.

Israel-Iran escalation raises regional security, geopolitical risk - Fitch, S&P

A beggar sits and asks for money amid the coronavirus crisis, Jerusalem, 2020

Moody’s: Israel credit rating to stay at historic low in 2025

 Bank Hadoar ATM

The transformation of Bank Hadoar: Changing its name and expanding its offerings


Treasury warns Smotrich: Judicial reform may lead to catastrophic losses

Smotrich: “My position regarding the reform is known and I believe that it has great opportunities for the economy.”

 Finance Minister Bezalel Smotrich and and Arnon Ben Dor, Chairman of the Histadrut hold a joint press conference in Tel Aviv on March 2, 2023.

Israel's credit rating would rise if it weren't for judicial reforms

Finance Minister Bezalel Smotrich stated that since Fitch, a credit ratings company, has kept Israel's credit rating above A+ that this is a sign of success, but in reality these are warning signs.

Why didn't Israel's credit rating improve?

Relief over Credit Suisse rescue short-lived as bank shares plummet

Credit Suisse shares slumped 62% in premarket trade to a new low while UBS lost 7.1%.

 SWITZERLAND’S NATIONAL flag flies above the logo of Swiss bank Credit Suisse at its headquarters in Zurich.

Israel faces 'long-term economic risk' due to judicial reform - Moody's

“If implemented in full, the proposed changes could materially weaken the strength of the judiciary and as such be credit negative,” the agency said.

Signage is seen outside the Moody's Corporation headquarters in Manhattan, New York, US, November 12, 2021.

Israeli credit market is growing, and Magen Credit just raised NIS 117m.

As Israel’s credit market grows in the wake of 2019’s implementation of credit scores, some hefty funds are flying into the sprouting sector.

 CEO of Magen Credit Hadar Tamarkin

Israel has credit scores, and Captain Credit wants you to know yours

By enabling Israelis to quickly and painlessly check their credit scores, Captain Credit hopes to foster the future of Israel’s credit market.

 A shopper is seen using a credit card for a purchase (Illustrative)

Israel's credit rating is in serious danger - Avigdor Liberman

Avigdor Liberman: It's impossible to give NIS 3 billion to haredi coalition partners whose schools don't provide core studies and NIS 1 billion for food stamps without deficit.

Finance Minister Avigdor Liberman arrives to a cabinet meeting at the Prime Minister's Office in Jerusalem on September 11, 2022.

Turkey’s state banks withdraw from Russian payment system

US warned Turkey about possibility of sanctions over business ties to Russia

 Turkish President Tayyip Erdogan greets people during the opening ceremony of Eurasia Tunnel in Istanbul, Turkey, December 20, 2016.

Prosbul, Chabad and the Lubavitcher Rebbe: Legal loopholes in Judaism

Even if there was no financial need for a prosbul, there was spiritual valence to its execution because it reflected fidelity to rabbinic tradition and affiliation with the legacy of Chabad's founder

 RAMASH SUGGESTED people should ensure they have some debt owed to them, just so they will be able to write a prosbul.

Seeking debt relief: Is Judaism's 'prosbul' enough?

The essence of prosbul is a transfer of bonds from creditors to the court of law. The bond remains intact despite the biblical debt relief.

 SEEKING BIBLICAL debt relief.