Non-bank Credit

The non-bank credit company Michlal Mimun reports a strong second quarter of 2026 with a net profit of 17.5 million shekels and outlines plans to expand its support portfolio by hundreds of millions of shekels.

Luxury flights to New York and Las Vegas, direct payments of tens of thousands of shekels, and aggressive competition for every borrower: non-bank financial institutions are luring mortgage consultants with generous incentives. The result: clients are pushed into expensive loans, sometimes with double the interest rate. The industry admits: 'This creates a conflict of interest.'