Bank Jerusalem

Bank Jerusalem and Migdal have signed a joint financing agreement to establish a 400 million shekel credit line. The funds are intended for providing "jumbo loans" secured by residential real estate.

Bank Jerusalem has denied recent rumors, stating that no evidence of abnormal activity was found. Against this backdrop, we examined whether large-scale embezzlement remains possible today, given the tightened control mechanisms implemented after the 2002 Eti Alon and Trade Bank affair, in which 250 million shekels were stolen.

A year after the direct hit of an Iranian missile disabled large parts of the hospital, a partnership was signed that will double the rehabilitation response in the south and, for the first time, provide inpatient rehabilitation for children as well.

The bank has initiated a private securitization deal backed by its mortgage portfolio, which received a high international rating. These strategic moves have brought the bank's managed mortgage portfolio to approximately 18 billion shekels.