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Israel

Creditplace completes financing round

Digital factoring platform Creditplace has announced that it has recently completed a NIS6m financing round (more…)

#digital#digital factoring#factoring platform

Clal foresees insolvencies’ growth

Clal Credit Insurance reports 25pc rise in insolvency claims. (more…)


Government launches credit plan for SME bank loans

The Israeli finance and industry, trade and labour ministries have approved measures to increase credit lending to SMEs for the…

#bank#guarantees#risk


Factoring in Israel

Shlomi Sarid, CEO of Clal Factoring s Insurance division, provides an update on the Israeli factoring market. (more…)

#banks#non-recourse factoring#recession


Clal Factoring appoints new CEO

Former CEO of Clal Financing Factoring Ltd., Shlomi Sarid, has been appointed as CEO of Clal Credit Insurance. His position…

#economy#i#insurance


Credit insurer predicts hard times for Israeli ...

Israeli Credit Insurance Company Ltd. (ICIC) recently updated its forecast for Israel's key export markets in Europe and the US…


The development of the Israeli factoring industry

Yaniv Nissan, Deputy Managing Director of Sales and Marketing at Clal Factoring in Israel, provides Factorscan with a review of…

#bank#international#International Trade


Exporters unable to secure credit insurance

The Israel Manufacturers Association wants the government and the Finance Ministry to extend state guarantees to help beleaguered exporters. (more…)

#exporters#exports#guarantees


Crisis times see rise in factoring transactions

The Manufacturers Association of Israel has entered an agreement with Clal Finance Factoring, offering members factoring services at preferential terms to…

#bank#banks#bonds


ICC-Cal, Psagot Financing announce joint factoring venture

Israel Credit Cards-Cal Ltd. and Psagot Financing Factoring Ltd. have announced they are to enter a joint factoring venture (more…)

#bank#international


Cal Credit Cards and Psagot in talks to set...

Israel Credit Cards-Cal Ltd. is in advanced negotiations with Psagot Financing and Factoring Ltd. to set up a jointly owned…

#trade#trade financing


Insurer buys stake in factoring firm

Migdal Insurance has announced the acquisition of a stake in factoring firm Peninsula Financial Ltd. (more…)

#acquisition#insurance#investment

Clal Factoring – growth of 35% in 2007

Clal Factoring closed 2007 with a factoring volume of $580 million, 65% of which was domestic and 35% International. (more…)

#bonds#factoring industry#international

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