Banking & Finance

Financial news, data and analysis.

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Why are the US and Israel drowning in debt?

The US debt crisis is far more serious. But for us who live in Israel, our borrow-spend-borrow habit spells big trouble.

By SHLOMO MAITAL
16/06/2023

Shekel weakens by more than 2% as Israel's coalition delays key Knesset vote

Main indexes on Tel Aviv Stock Exchange edged slightly down as Prime Minister Benjamin Netanyahu's coalition appeared to delay the Judicial Selection Committee vote

By REUTERS
14/06/2023

Mercantile Bank first in Bank Friendliness Index

Mercantile Bank led all banks with a maximum score in three of the five parameters reviewed by the index.

Tips in the US decline as most US adults slam tipping culture - survey

A majority of Americans (66%) view tipping negatively, according to Bankrate, with tipping turnouts going down in recent years.

Government budget cuts hold Israel’s tech companies back

Appelbaum has warned that the government budget cuts will result in the Israel Innovation Authority failing to meet their goals.

By JON BEN-ZAKEN/MAARIV
10/06/2023

How does Israel's new gov't budget impact your taxes?

Below is a review of some income tax and VAT measures thanks to the new Israeli government budget.

By LEON HARRIS
10/06/2023

Paybox allows users to receive interest on money in their checking account

Sick of your money "lying around" in your checking account? Paybox announced that they will pay 3% per year on money that is left in their app.

By MAARIV ONLINE
07/06/2023

ONE ZERO Bank's pioneering chat platform marks a milestone in Israeli Banking

Co-CEO: "The partnership represents a significant milestone not only within the banking industry but also in the realm of customer service."

Calculating taxes

Your Taxes: Israel Tax Authority issued instructions for non-taxation of SAFEs

A SAFE is an agreement whereby an amount of money is invested now in a company in return for shares to be issued later, by which time the shares in the company may be worth more.

By LEON HARRIS
02/06/2023
Investment graph

Israel's NewVest raises $220m. for new Private Debt 50 index fund

The NewVest investment fund raised $220 million from prominent investors, including Israel's Bank Hapoalim and Bar-Ilan University.

By YEHUDA SHARONI/MAARIV
01/06/2023
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