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    <title>Financial services</title>
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    <copyright>Globes 2026</copyright>
    <language>en-us</language>
    <lastBuildDate>Sun, 17 May 2026 14:00:09 GMT</lastBuildDate>
    <ttl>10</ttl>
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      <title>Israel's Business Arena</title>
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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>
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      <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>
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      <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>
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      <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>
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      <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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      <title>Investment home buyers taking record mortgages</title>
      <link>https://www.globes.co.il/en/article-1001538886</link>
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      <description>Investors left in the market apparently see home price rises resuming, and are taking advantage of developers' special offers.</description>
      <pubDate>Sun, 29 Mar 2026 20:57:14</pubDate>
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      <title>ICC-Cal threatens legal action over Matmid-Isracard deal</title>
      <link>https://www.globes.co.il/en/article-1001538787</link>
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      <description>Credit card company ICC-Cal has written to the CEO of El Al's Matmid frequent flyer program alleging violations of their agreement.</description>
      <pubDate>Sun, 29 Mar 2026 13:46:06</pubDate>
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      <title>Isracard hijacks El Al’s Fly Card from ICC CAL</title>
      <link>https://www.globes.co.il/en/article-1001538579</link>
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      <description>This is a dramatic move because estimates are that Fly Card represents one third of ICC CAL&amp;rsquo;s activity.</description>
      <pubDate>Sun, 29 Mar 2026 13:46:30</pubDate>
    </item>
    <item>
      <title>Banks agree to pay Treasury NIS 3b</title>
      <link>https://www.globes.co.il/en/article-1001537972</link>
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      <description>Israel&amp;rsquo;s banks have agreed a compromise that will see Minister of Finance Bezalel Smotrich abandon legislation for a tax on excess bank profits.</description>
      <pubDate>Thu, 19 Mar 2026 12:47:17</pubDate>
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    <item>
      <title>Isracard to buy digital bank Esh</title>
      <link>https://www.globes.co.il/en/article-1001537843</link>
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      <description>The move will pave the way for Isracard, controlled by Yitzhak Tshuva&amp;rsquo;s Delek Group, to become a major banking player.</description>
      <pubDate>Thu, 19 Mar 2026 01:23:04</pubDate>
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      <title>Home sales slowdown hurting small players</title>
      <link>https://www.globes.co.il/en/article-1001537090</link>
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      <description>While small banks and non-bank credit providers are warning of higher risks, the major banks appear unconcerned.</description>
      <pubDate>Tue, 10 Mar 2026 12:51:42</pubDate>
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      <title>Bank Hapoalim 2025 profit up 28% to NIS 9.8b</title>
      <link>https://www.globes.co.il/en/article-1001536743</link>
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      <description>The bank ended 2025 with a return on equity of 15.9% compared with 13.8% in 2024.</description>
      <pubDate>Thu, 05 Mar 2026 12:24:20</pubDate>
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      <title>Leumi ends 2025 with record NIS 10.3b net profit</title>
      <link>https://www.globes.co.il/en/article-1001536607</link>
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      <description>In the fourth quarter, Leumi's net profit was NIS 2.5 billion, up 4% from the corresponding quarter.</description>
      <pubDate>Wed, 04 Mar 2026 11:11:26</pubDate>
    </item>
    <item>
      <title>Mizrahi Tefahot 2025 profit up 3.2%</title>
      <link>https://www.globes.co.il/en/article-1001536189</link>
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      <description>In the fourth quarter itself, the bank showed stronger growth in net profit of 7.5%, which amounted to NIS 1.4 billion.</description>
      <pubDate>Thu, 26 Feb 2026 15:44:29</pubDate>
    </item>
    <item>
      <title>Bank of Israel toughens mortgage equity requirements</title>
      <link>https://www.globes.co.il/en/article-1001534457</link>
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      <description>Mortgages are also being increased for homebuyers, but under strict equity conditions, and without allowing the loan to be spread over more than 30 years.</description>
      <pubDate>Tue, 10 Feb 2026 13:12:53</pubDate>
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