Israel

The Israeli factoring industry could be nearing the crucial euro 1bn (5.56ILS) mark in terms of total factored volumes, say market leaders. It is valued at an estimated euro 900m this year.

Israel Land Development Company, controlled by the Nimrodi family, has completed its departure from the insurance industry, selling its 57.5% holding in Israeli Credit Insurance Company Ltd. (ICIC) in equal shares to

The Israeli factoring industry experienced an exceptional year in 2005, especially market leader Clal Factoring Ltd. Overall factoring volumes in Clal Factoring have grown about 30% over the past year

The first factoring company to tap the capital market to finance expansion, Peninsula Factoring is preparing a prospectus to raise NIS100m

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

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

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

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