Loan

New Bank of Israel mortgage regulations effective October 1 will tighten PTI calculations for all-purpose loans, sparking industry warnings of pushed non-bank borrowing.

A real estate entrepreneur sued non-bank credit company A.R.A.B. Bonus at the Tel Aviv District Court, claiming an 11.6 million NIS loan ballooned to nearly 60 million NIS.

Bank Leumi and partners launch a new multi-million NIS fund offering subsidized 40,000 NIS loans at 2% interest for eligible IDF reservists.

A 27-year-old Israeli man fell victim to a sophisticated phishing scam, resulting in a fraudulent 147,000 shekel loan taken in his name before the bank fully refunded him.

The Arieli Group has reached a framework agreement with Phoenix Investment House to settle debts, ensuring it retains control of Elron. The lender had previously demanded repayment due to a decline in the value of the pledged shares.

The Arieli Group, the controlling shareholder of Elron, has breached loan covenants related to its acquisition of the company from Phoenix Investment House. Consequently, Phoenix has begun seeking buyers for the pledged shares.

A young woman who requested a 24,000 shekel loan via Telegram was robbed by two suspects immediately after withdrawing the cash. The lender is now blackmailing the victim, demanding repayment of the stolen funds.

While real estate companies suffer from financing costs that weigh on them and erode entrepreneurial profit, the company took a loan of 22 million shekels at a prime plus 5% interest rate. At the same time, the company claims that thousands registered for a tender in which it marketed 400 apartments.

Yoav Koren will complete his move to Maccabi Petah Tikva, which hoped to sign him earlier this summer. Mor Siman Tov, who also hoped to stay, will likely be sent to Ironi Kiryat Shmona.