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    <title>Financial services</title>
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    <copyright>Globes 2026</copyright>
    <language>en-us</language>
    <lastBuildDate>Tue, 09 Jun 2026 15:30:22 GMT</lastBuildDate>
    <ttl>10</ttl>
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      <title>Israel's Business Arena</title>
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      <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>
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      <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>
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      <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>
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      <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>
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      <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>
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      <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>
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      <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>
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      <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>
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    <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>
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    <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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      <title>Hapoalim profit stays high even after new tax</title>
      <link>https://www.globes.co.il/en/article-1001542962</link>
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      <description>The bank reported net profit of NIS 2.1 billion in the first quarter of 2026, 13% down from the first quarter of 2025, due to the new tax and the lower interest rate and inflation environment.</description>
      <pubDate>Thu, 14 May 2026 10:36:41</pubDate>
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      <title>Anticipating BoI rate cut, banks cut interest on deposits</title>
      <link>https://www.globes.co.il/en/article-1001542953</link>
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      <description>Israel&amp;rsquo;s banks are preparing for a sharp interest rate cut by the Bank of Israel in the near future.</description>
      <pubDate>Sun, 17 May 2026 13:01:07</pubDate>
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      <title>Tel Aviv Stock Exchange doubles quarterly profit</title>
      <link>https://www.globes.co.il/en/article-1001542848</link>
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      <description>The switch to Monday-Friday trading and repatriation of investments by the Israeli public significantly boosted activity.</description>
      <pubDate>Wed, 13 May 2026 13:22:54</pubDate>
    </item>
    <item>
      <title>Mortgage taking remained high in April</title>
      <link>https://www.globes.co.il/en/article-1001542844</link>
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      <description>Despite the holidays last month and the war, NIS 7.94 billion in mortgages was taken.</description>
      <pubDate>Wed, 13 May 2026 13:04:35</pubDate>
    </item>
    <item>
      <title>Smotrich seen opposing Netanyahu's mortgage subsidy plan</title>
      <link>https://www.globes.co.il/en/article-1001542571</link>
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      <description>Treasury officials and the Bank of Israel have fiercely criticized the plan to compensate borrowers for the rise in interest rates, but Minister of Finance Bezalel Smotrich has been silent so far.</description>
      <pubDate>Mon, 11 May 2026 11:40:23</pubDate>
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      <title>Israelis' wealth grows 80% in six years</title>
      <link>https://www.globes.co.il/en/article-1001542068</link>
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      <description>As the value of their financial portfolios rises, Israelis are adopting new investment habits.</description>
      <pubDate>Tue, 05 May 2026 17:11:06</pubDate>
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      <title>Israeli credit card players eye potential of Wizz Air loyalty club</title>
      <link>https://www.globes.co.il/en/article-1001541508</link>
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      <description>After Isracard hijacked El Al&amp;rsquo;s FlyCard from ICC-CAL, rivals are eager to team with the Hungarian low-cost carrier on a loyalty club credit card.</description>
      <pubDate>Thu, 30 Apr 2026 07:14:05</pubDate>
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      <title>Banks' efficiency drives spark worker unrest</title>
      <link>https://www.globes.co.il/en/article-1001541397</link>
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      <description>Measures to curtail bonuses and downsize at Bank Hapoalim, Discount Bank and First International are meeting resistance.</description>
      <pubDate>Wed, 29 Apr 2026 17:04:03</pubDate>
    </item>
    <item>
      <title>Hamburger family sells Harel shares for NIS 1.2b</title>
      <link>https://www.globes.co.il/en/article-1001540173</link>
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      <description>The insurance company's share price has risen 240% in the past year.</description>
      <pubDate>Wed, 15 Apr 2026 11:59:30</pubDate>
    </item>
    <item>
      <title>Zuk to buy Californian bank for AI overhaul</title>
      <link>https://www.globes.co.il/en/article-1001539963</link>
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      <description>Cybersecurity tycoon Nir Zuk plans transforming Liberty Bank into a bank based on the AI tools he developed at Esh Bank in Israel.</description>
      <pubDate>Tue, 14 Apr 2026 06:37:25</pubDate>
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