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    <title>Financial services</title>
    <link>https://www.globes.co.il/serveen/</link>
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    <copyright>Globes 2026</copyright>
    <language>en-us</language>
    <lastBuildDate>Sun, 19 Jul 2026 06:15:06 GMT</lastBuildDate>
    <ttl>10</ttl>
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      <title>Israel's Business Arena</title>
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      <title>Discount Bank mulls Mercantile merger</title>
      <link>https://www.globes.co.il/en/article-1001549110</link>
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      <description>Israel Discount Bank board of directors has decided to examine the merger of its subsidiary Mercantile Discount Bank into it.</description>
      <pubDate>Mon, 13 Jul 2026 16:12:05</pubDate>
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      <title>Savings reform? New taxation might be a better description</title>
      <link>https://www.globes.co.il/en/article-1001548952</link>
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      <description>The Finance Ministry seems to have taken alarm at the success of investment provident funds and the capital gains tax exemption.</description>
      <pubDate>Thu, 09 Jul 2026 20:08:53</pubDate>
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      <title>Time to leverage Israel's $1 trillion asset</title>
      <link>https://www.globes.co.il/en/article-1001548124</link>
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      <description>Institutions and regulators need a change of mindset to enable Israel to flex its financial muscle for diplomatic gain, argues Lior Prosor.</description>
      <pubDate>Tue, 07 Jul 2026 15:29:50</pubDate>
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      <title>Savings reform hits investment provident funds</title>
      <link>https://www.globes.co.il/en/article-1001547465</link>
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      <description>Under the Arbitrage Committee's recommendations, the tax benefit on the funds, which can be very high, will be shared among several savings instruments.</description>
      <pubDate>Thu, 09 Jul 2026 17:44:08</pubDate>
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      <title>Comptroller warns Israel's mortgage market at high risk</title>
      <link>https://www.globes.co.il/en/article-1001546905</link>
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      <description>The State Comptroller compares the state of the housing loans market to the subprime crisis in the US. Bank of Israel: The report is unprofessional and methodologically wrong.</description>
      <pubDate>Wed, 24 Jun 2026 14:24:44</pubDate>
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      <title>Banks speed up pace of grants to customers</title>
      <link>https://www.globes.co.il/en/article-1001546659</link>
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      <description>Israel&amp;rsquo;s biggest banks have already handed out almost two-thirds of the NIS 3 billion they committed to transfer to the public through benefits, within two years.</description>
      <pubDate>Mon, 22 Jun 2026 16:21:06</pubDate>
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      <title>Bank of Israel introduces bank fees reform</title>
      <link>https://www.globes.co.il/en/article-1001546526</link>
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      <description>As part of the reform, which will come into effect in stages between October 2026 and July 2027, the public will pay up to NIS 10 monthly for 100 monthly transactions on the checking account.</description>
      <pubDate>Sun, 21 Jun 2026 15:40:22</pubDate>
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      <title>Leumi to gift some customers NIS 700</title>
      <link>https://www.globes.co.il/en/article-1001546253</link>
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      <description>Many of the bank&amp;rsquo;s customers received an unexpected text message today informing them that the bank will deposit a NIS 700 in their current banking accounts.</description>
      <pubDate>Wed, 17 Jun 2026 17:36:03</pubDate>
    </item>
    <item>
      <title>Falling bond yields herald lower mortgage interest rates</title>
      <link>https://www.globes.co.il/en/article-1001546217</link>
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      <description>In many cases, the anchor rate for a mortgage loan is the yield on a government bond.</description>
      <pubDate>Wed, 17 Jun 2026 16:42:37</pubDate>
    </item>
    <item>
      <title>Nuvei buys Israeli cross-border commerce co Payoneer for $2.75b</title>
      <link>https://www.globes.co.il/en/article-1001545935</link>
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      <description>The Canadian fintech company is paying a 9.6% premium on Payoneer&amp;rsquo;s share price on Nasdaq.</description>
      <pubDate>Mon, 15 Jun 2026 17:18:31</pubDate>
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    <item>
      <title>El Al claims ICC CAL’s new FlyAll card is consumer fraud</title>
      <link>https://www.globes.co.il/en/article-1001545346</link>
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      <description>After El Al frequently flyer club&amp;rsquo;s Fly Card switched to Isracard, ICC CAL has invited cardholders to &amp;lsquo;upgrade&amp;rsquo; to its new FlyAll card.</description>
      <pubDate>Tue, 09 Jun 2026 14:34:17</pubDate>
    </item>
    <item>
      <title>Bank Hapoalim locks dollar exchange rate for summer</title>
      <link>https://www.globes.co.il/en/article-1001545142</link>
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      <description>For customers making US dollar purchases or withdrawals, the bank will keep the rate at NIS 2.89/$ even if it rises higher on the market.</description>
      <pubDate>Sun, 07 Jun 2026 11:46:27</pubDate>
    </item>
    <item>
      <title>Barkat brothers put Meitav up for sale</title>
      <link>https://www.globes.co.il/en/article-1001545057</link>
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      <description>JP Morgan has been asked to find a buyer for the Israeli investment house. Meitav founder Zvi Stepak: The Stepak family has no intention of selling its shares.</description>
      <pubDate>Thu, 04 Jun 2026 19:05:27</pubDate>
    </item>
    <item>
      <title>Israeli digital insurer Honeycomb raises $40m</title>
      <link>https://www.globes.co.il/en/article-1001544979</link>
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      <description>The real estate insurer, which operates in 22 US states, specializes in apartment buildings and condo associations.</description>
      <pubDate>Mon, 08 Jun 2026 16:17:10</pubDate>
    </item>
    <item>
      <title>As shekel gains, moneychangers run out of foreign currency</title>
      <link>https://www.globes.co.il/en/article-1001544570</link>
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      <description>As Israelis rush to buy &amp;lsquo;cheap&amp;rsquo; foreign currency, many local moneychangers have no dollar and euro banknotes to sell.</description>
      <pubDate>Mon, 01 Jun 2026 15:04:14</pubDate>
    </item>
    <item>
      <title>Buying a home becoming further out of reach for Israelis</title>
      <link>https://www.globes.co.il/en/article-1001543823</link>
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      <description>A study by Phoenix Financial finds that lower interest rates will not be enough to make a home purchase attainable for the average Israeli household.</description>
      <pubDate>Mon, 25 May 2026 09:53:06</pubDate>
    </item>
    <item>
      <title>Business credit database approved</title>
      <link>https://www.globes.co.il/en/article-1001543815</link>
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      <description>The move is designed to curb the monopoly of the banks in credit to small and midsize businesses and boost competition.</description>
      <pubDate>Mon, 25 May 2026 09:48:38</pubDate>
    </item>
    <item>
      <title>Mizrahi Tefahot RoE highest among major banks</title>
      <link>https://www.globes.co.il/en/article-1001543372</link>
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      <description>As with the other banks, Mizrahi Tefahot's profit was hit by the special bank surtax.</description>
      <pubDate>Tue, 19 May 2026 11:04:17</pubDate>
    </item>
    <item>
      <title>Leumi reports high credit growth, improving efficiency</title>
      <link>https://www.globes.co.il/en/article-1001543367</link>
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      <description>Excluding the bank surtax, Bank Leumi's annualized return on equity in the first quarter was 15.1%</description>
      <pubDate>Tue, 19 May 2026 09:57:02</pubDate>
    </item>
    <item>
      <title>Discount Bank profit 10% lower, 600 layoffs in 2026</title>
      <link>https://www.globes.co.il/en/article-1001543254</link>
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      <description>The bank will distribute a dividend of NIS 465 million - 50% of net profit.</description>
      <pubDate>Mon, 18 May 2026 15:59:15</pubDate>
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