The Bank of Israel has invited local and international entities for the acquisition of the credit card companies that will be split from the country’s …
Bank of Israel warns of increasing threat of banking frauds
Bank of Israel, the central bank of the country, has stated that there has been a significant increase in attempts of banking frauds in the …
Israel’s Mizrahi-Tefahot Bank to buy Union Bank for $400m
Mizrahi-Tefahot Bank, Israel’s third largest bank by assets, has agreed to acquire smaller rival Union Bank of Israel in all-share transaction worth NIS1.4bn ($400m). Under …
TD Bank to open cybersecurity office in Israel
Canadian lender TD Bank has revealed plans to launch a cybersecurity research office in Tel Aviv, Israel. The bank intends to use the new office …
Shari Arison dilutes her stake in Bank Hapoalim
Billionaire Shari Arison has signed a non-binding agreement with North American investors to sell 49% stake in Arison Holdings, through which she holds a 20% controlling …