Calcalist -22.01.20
Peninsula raised approximately NIS 252 million in a public share offering The non-bank credit company completed the public tender for the issuance of shares with demand of NIS 450 million; the price in the tender was NIS 3.6 per share – a price reflecting a 6% premium over today’s closing price; among the investors […]
THE MARKER 15.09.19
Discrimination under the law: What banks hide from credit applicants About two years after its publication, at the end of August, the amendment to the “Fair Credit” Law (5777 – 2017), which is intended to amend the Non-Bank Loan Regulation Law (5753 – 1993), will enter into force.
Calcalist 13.08.19
A celebration in non-bank credit: a 72% jump in Peninsula profits The net profit of the credit company for small and medium-sized companies controlled by Meitav Dash amounted to NIS 8.4 million in the second quarter; the credit portfolio increased by 18.4% since the beginning of the year to NIS 869 million.
Calcalist 16.07.19
Institutional investors flocked: Peninsula raised NIS 208 million in bonds Calcalist learned that Harel, Psagot, Excellence, Ayalon, Meitav Dash and Edmond de Rothschild participated in the fundraising of the non-banking credit company controlled by Meitav Dash.
THEMARKER 22.05.19
The revolution that creates millionaires: Peninsula’s value soars, credit portfolio rises to NIS 870 million Peninsula shares jumped another 10% yesterday after an excellent report ■ Peninsula CEO and founder Micha Avni is worth 65 million shekels ■ Avni: “We are entering a new era, in which finance companies will become a real alternative to […]
Calcalist 17.04.19
Peninsula Fund and EIF sign NIS 300 million financing agreement for Israeli companies The agreement will include a guarantee program to provide credit on preferential terms to small and medium-sized businesses in rapid growth stages, or innovative businesses in the fields of technology, industry and services; this is the second investment by the European […]
Calcalist 16.04.19
Institutionals want a share of non-bank credit The anchor investors in the growing market are investment houses; the entry of institutions is helping the industry to shed its gray market image, and Peninsula’s CEO is optimistic: “The industry is expected to double in the next three years”; Opel Balance CEO warns: “The cow wants […]
Yedioth Ahronoth 13.03.19
Getting in shape: Peninsula will finance Spice’s expansion The Business Support Fund will provide a 15 million shekel credit line to the low-cost chain of fitness centers. The chain has 17 discounted gyms: 60,000 people pay 99 shekels per month
Telniri 26.11.18
The Bank of Israel is preventing competition in the credit market and is hampering the development of non-bank credit. Those who are harmed by the ego wars are business owners and households. The Association of Credit Companies at the Chamber of Commerce demands the removal of restrictions on non-bank credit companies in raising bonds and […]
Globes 05.11.18
Has the landlord gone crazy? “I welcome the regulation – it calms the market” Peninsula was founded in 2004 against the backdrop of a credit crunch for small and medium-sized businesses. Since then, its equity has grown from NIS 12 to 150 million. One of the largest investment houses in Israel has purchased most […]