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Israel

Israel Lands Development Co sells ICIC

Israel Land Development Company (ILDC), owned by the Nimrodi family, announced the completion of the  deal, adding that its net profit from the deal will amount to only (more…)

#insurance#investments#Two

Israeli factors view a bright future

The Israeli factoring industry could be nearing the crucial euro 1bn (5.56ILS) mark in terms of total factored volumes, say market…

#bank#factoring industry#GDP


New ICIC owners seek foreign investor to challenge Clal-Atradius...

Israel Land Development Company, controlled by the Nimrodi family, has completed its departure from the insurance industry, selling its 57.5%…


Clal Factoring volume up 30% in 2005

The Israeli factoring industry experienced an exceptional year in 2005, especially market leader Clal Factoring Ltd. Overall factoring volumes in…


Peninsula Factoring to raise NIS100m to finance expansion

The first factoring company to tap the capital market to finance expansion, Peninsula Factoring is preparing a prospectus to raise…

#bank#bonds#commercial financing


Demand for credit insurance up as political risk in...

Political risk in Russia is rising, causing Israeli exporters to increase demand for credit insurance, says Clal Credit Insurance (more…)

#exporters#exports#insolvency


Coface acquires control in the leading credit information provider...

Coface has announced that it has acquired a majority stake in  Israel's leading credit information provider (more…)

#credit risk#international#management


World Factoring Yearbook's first report on the Israeli factoring...

“The factoring industry in Israel is still relatively new to the financing markets…” Subscribers to factorscan.com can now read the…

#factoring industry#World Factoring Yearbook


Factoring market will grow by 50% to NIS 4.2bn...

Israel's factoring market is expected to grow by 50% to NIS 4.2 bn in 2006, Shlomi Sarid, CEO of Clal…


ICIC ‘12.5% of debts in 2005 problematic’

In 2005, 12.5% of payments in arrears became problem debt*. The sectors most at risk were (more…)


Interest rates rise again, ahead of Fed

Bank of Israel Governor Stanley Fischer didn't surprise anyone when he announced on Monday that the interest rate... (more…)


Clal Credit Insurance and Euler Hermes join in credit...

For the first time, Clal Credit Insurance, a subsidiary of Clal Insurance Enterprises Holdings Ltd., has signed an agreement to…

Clal Finance launches alternative to business credit banking

Clal Finance, a subsidiary of Clal Insurance, has launched a business credit service provider to compete against banks by offering…

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