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FINANCIAL SERVICES

mortgages Israeli banks toughen requirements for dual nationals

Banks are making absurd demands of new immigrants and freezing banks accounts of those unable to comply.

Eliezer Fishman Fishman's creditors agree on bankruptcy proceedings

Fishman: The banks rejected the debt arrangement because of public pressure, not on its merits.

Eldad Fresher Photo: Tamar Matsafi Sela Real Estate buys Mizrahi Tefahot HQ

The bank will lease back the eight floors in Ramat Gan's Moshe Aviv tower but plans moving its head office to Lod.

Eliezer Fishman Knesset C'ttee to probe Fishman collapse

The parliamentary committee of inquiry will summon the heads of the leading banks and Bank of Israel officials.

Jacob Shachar  photo: Micha Brikman Phoenix share sale halted

Sources close to the matter denied that the sale by Jacob Shachar and Israel Kass was halted because of suspicions that inside information had been leaked.

Binary options Photo: Shutterstock Israeli cabinet approves worldwide binary options ban

The Knesset is expected to approve the bill, which bans binary options as a form of gambling. 

Shekels Photo: Shutterstock Union Bank sees shekel weakening against dollar

The bank's economists expect the interest rate difference between the US and Israel to weaken the shekel and move it away from current three year lows.

Hedva Ber Household debt continues to grow

Total debt owed by Israeli households rose 1.3% in the first quarter, while credit for non-housing purposes rose even faster.

Fishman and Benkal Photos: Shlomi Yosef Administrator files for Fishman bankruptcy

Adv. Joseph Benkel asked the court to declare Eliezer Fishman bankrupt and to appoint investigators to trace his assets.

Hedva Ber Ber: We'll investigate Fishman affair

Supervisor of Banks Hedva Ber told "Channel 2," that the debt arrangement that the banks intended to grant Fishman had severely damaged public confidence in the banks.

Shraga Brosh, photo: Manufacturers Association Brosh: Growth is a bubble based on bank loans

The Manufacturers Association president: We always said that this growth is not sustainable and even dangerous.

Peter Jarrett Photo: PR OECD exec warns on Israel real estate bubble

Israel is one of the top five countries in the world in terms of high risk real estate prices, the OECD's Peter Jarrett tells "Globes."

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