Globes -16/03/2022
Peninsula increased its credit portfolio by 50% and recorded record profit in 2021 The non-bank credit company Meitav Dash recorded a net profit of approximately NIS 69 million, despite a significant decrease in profit in the fourth quarter • Will distribute a dividend of NIS 10 million The non-bank credit company, Peninsula, recorded a net […]
Globes – 11/17/2021
Peninsula closes quarter with a 3x jump in net profit Net interest income in the quarter stood at approximately NIS 31 million, an increase of approximately 130% compared to approximately NIS 13.5 million in the corresponding quarter last year.
Bizportal – 07/09/2021
“It will be a market for big guys, companies like Peninsula will become the names that everyone knows.” Micha Avni, founder and CEO of the Peninsula Group, and chairman of the Israel Credit Companies Association, in an interview with Bizportal about his way of looking at the decline in interest rates in the market, the […]
Globes – 13/08/2021
The banks’ smokescreen is eliminating competition in the credit market. Under the auspices of the law: Banks cross-subsidize the costs of providing credit to their customers • The price is paid by small and medium-sized business owners who do not receive a complete picture of the situation
Calcalist – 16/03/21
The acquisition of the diamond portfolio from Union Bank doubled Peninsula’s profits The non-bank credit company recorded a net profit of NIS 64 million in 2020; revenues stood at NIS 141 million, an increase of 73%; reducing banks’ exposure to the business sector will support the company’s operations in 2021; Peninsula announced a dividend […]
Calcalist – 10/22/20
“The Non-Banking Credit Union tried to help the state, and they didn’t even get back to us” Micha Avni, founder of Peninsula and chairman of the union, accuses that “the Treasury and the Bank of Israel ignored our requests, and this prevented the non-banking market from helping in the crisis.” According to him, the […]
Calcalist – 25/05/20
“The risk has increased and we have raised interest rates, the banks will also start raising them soon” Bank profits have fallen, but the non-banking credit company Peninsula reports an increase in its credit portfolio and profit and is expected to distribute a dividend. However, CEO Micha Avni warns: In the second quarter, profits […]