Bank

Germany allocates €28 million to UNRWA

One of the agreements, which alone allocates 12 million Euros to UNRWA, is earmarked for the continuation of a program that aims to digitalize elements of UNRWA’s Health and Education services.

Iran’s Raisi demands return of $7 billion in frozen assets from S. Korea

South Korean banks are holding onto $7 billion Iran says it is owed for the sale of oil products, according to the Mehr News Agency. 

Wave of insolvency could severely impact the Israeli economy in 2024

The future projected difficult economic situation is due to slowdown, an increase in interest rates, and difficulties in repaying mortgages.

By YEHUDA SHARONI/MAARIV
26/07/2023

Hamas begins paying late salaries in Gaza - ministry

The payroll costs Hamas 125 million shekels ($34.5 million) per month.

By REUTERS
19/07/2023

US researchers decipher secrets behind Benjamin Franklin’s paper money

Not only Poor Richard’s Almanack and Pennsylvania Gazette – American founding father Benjamin Franklin also worked to prevent the counterfeiting of Colonial bills.

Israel’s June CPI: Are Bank of Israel’s counter-inflation measures paying off?

A stationary CPI may be a signal that the bank’s efforts to mitigate inflation are working — assuming the shekel and Israel’s political stability don’t crumble.

Mizrahi-Tefahot Bank and Snir are mobilizing for the benefit of children

Have a fun day for 100 teenagers from disadvantaged families.

By DAVID MAGAL
11/07/2023

SVB Financial sues US FDIC to recover $1.93b. seized in SVB rescue

SVB Financial Group is suing the FDIC for more than a billion dollars following its takeover in March.

By REUTERS
10/07/2023

Could Israel's banks be doing more to help their customers?

Israel’s Competition Authority recently announced its suspicion that the country’s five largest banks have neglected to share these benefits with their customers.

No interest - editorial

Banks are posting record profits while taking advantage of their users.

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