credit companies

The Credit Companies are Separating from the Banks: Why is No One Rushing to Buy?

As we’ve seen over the past few months, a law was legislated that requires the banks to sell their credit card companies. However, no one seems to be rushing – neither Israeli nor international companies – to purchase the credit card companies. This situation differs from other legislations fo...

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The Credit Database and its Risk Profile for Citizens—Who is it Good for and for Who Less so?

The economic affairs committee just approved a draft of the Credit Data Law for a second and third reading, which opens the doorway for competition in the consumer credit sector in Israel. According to the Credit Data Law, a credit database will be established in the Bank of Israel three years from ...

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