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Showing posts with label bank. Show all posts
Showing posts with label bank. Show all posts

Wednesday, April 11, 2007

Basil-2 to strike Israel

By 2009 Israeli banks will be required to institute Basil-2. Basil-2 will affect how (and how much) the banks offer credit. We'll see if that goes through on time - or at all.

Wednesday, March 28, 2007

Mizrachi-Tfachot Gaining Ground

Bank Mizrachi is working hard to position themselves as a serious lender in the Israeli market.

It began with their purchase of Bank Tfachot, for their mortgage department. Now they are going to acquire 50% of Bank Yahav from Bank Hapoalim- hoping to acquire a government tender to supply loans to civil servants.

Bank Yahav is a widely used bank for civil servants.