Net profit in the fourth quarter amounted to approximately NIS 15 million, compared to approximately NIS 12 million in the corresponding quarter last year. Net financing income in the fourth quarter amounted to approximately NIS 51.3 million, compared to approximately NIS 42.2 million in the corresponding quarter last year. The size of the customer credit portfolio continues to increase and stood at approximately NIS 1.613 billion as of December 31, 2024 and at approximately NIS 1.631 billion near the date of publication of the financial statements. The company has begun issuing financial guarantees and is expected to deepen this activity during 2025 – the total guarantees near the date of publication of the financial statements are approximately NIS 122 million.
The non-bank credit company, Peninsula, recorded a net profit of approximately NIS 68.7 million in 2021, an increase of approximately 7% compared to the previous year. This is despite the fact that net profit in the fourth quarter was less than a third compared to the last quarter of 2020, totaling approximately NIS 12.3 million.
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.
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
After 20 years of finding financing solutions for businesses in a wide variety of fields, Peninsula, a public company traded on the Tel Aviv Stock Exchange, has in recent months begun providing financial support to real estate developers in the field of urban renewal.
While the war and market challenges have brought the construction industry to one of the greatest crises it has known since the establishment of the state – many construction companies continue to build Israel. One of the reasons for this is the entry of non-bank financing companies, such as Peninsula, into the picture • In a special interview, Jackie Cohen, CEO of Peninsula, emphasizes the importance of non-bank financing for the success of projects
The information you provide through the website or in connection with its use may be stored in the databases of Peninsula Group companies and used for the purposes of providing services, managing, operating, and marketing Peninsula’s products and services; managing and optimizing customer service and relationships; processing and generating data for operational, marketing, and statistical purposes; offering content and services provided by Peninsula, including direct marketing; and transferring the information to related third parties to achieve the aforementioned purposes or as required by law.
The provision of this information is done voluntarily and with my consent, including information I may be legally obligated to provide. I understand that failure to provide the information required by the company for the provision of its services may prevent me from receiving those services, in whole or in part. The above does not constitute a commitment to grant a loan or provide credit.
The above does not constitute a commitment to grant a loan or provide credit.
The offer of a loan/credit is subject to meeting underwriting conditions, based on the individual circumstances of each client, at the sole discretion and terms determined by Peninsula alone. The final terms of the loan/credit will be determined based on the specific transaction conditions of each client. Failure to meet loan repayment or credit obligations may result in the accrual of default interest and enforcement proceedings.
Einav Plid has experience in telecommunications and pension sectors. She has over 12 years of extensive managerial experience in the fields of client relations, operations, and organization and methods. In her previous roles, she was responsible for cross-organizational processes involving the implementation of work procedures and information systems. Plid holds a Bachelor’s degree in Political Science from the Open University.
Has 16 years of experience in the field of business credit, corporate finance, real estate and diamonds.
In his previous position, he served as director of the diamond sector at Union Bank of Israel Ltd., after holding various management positions in the department of business credit.
He holds a bachelor’s degree in business administration with a specialization in finance and IT from the College of Management and a master’s degree in business administration with a specialization in finance and the capital market from the Ono Academic Campus.
Roy Maman has over 12 years of extensive experience in managing business credit. His career includes serving as a manager in the corporate department of a leading bank, as an analyst, and as a senior credit officer. In his previous role, he served as Head of Credit Risk at Peninsula. Maman holds a Bachelor’s degree in Economics from Tel Aviv University.
Michael has extensive experience accompanying public and private companies covering legal aspects in a wide array of fields, including capital and debt raising, mergers and acquisitions, commercial transactions and insolvency proceedings. Before joining Peninsula, Michael was employed as an attorney in the Capital Markets and Securities Department at Pearl Cohen law firm. Before that, he served as an attorney in the Commercial and Capital Markets department at Yigal Arnon & Co law firm, where he accompanied Peninsula as an external legal advisor when it was listed at the Tel Aviv Stock Exchange. Michael has a B.A in Law from the University of Haifa.
Nissim Laham possesses vast experience as a CFO in various public and private companies. He has held roles as CFO and board member in numerous financial institutions (including financial organizations), holding companies, industrial firms, and commercial enterprises such as Meitav Investment House Ltd., Meitav Trade Ltd., Gaon Group Ltd., and Gaon Holdings Ltd. Laham is a certified public accountant (CPA) and holds a B.B. degree in Business Administration with a specialization in Accounting from the College of Management Academic Studies in Tel Aviv.
Yafit Yehuda has over 20 years of extensive experience in managing and financing transactions, including real estate deals. She brings a deep familiarity with the financial and business sectors of the Israeli economy. Her career includes senior management roles in the Corporate Division of Mizrahi Tefahot Bank, as well as serving as Credit Manager in the Investment Division of Menora Mivtachim. She was also CEO of the Phoenix Value Urban Renewal Fund and currently serves as an external director at a public real estate company.
Jacky Cohen brings extensive managerial and financial experience, along with a profound familiarity with the Israeli business landscape across all sectors. He is known for devising creative financial solutions. His career includes a distinguished tenure as a senior executive at Bank Hapoalim, where he held several prominent managerial positions. He led the Options Unit (MAOF), managed the Financial Products Department, and later transitioned to the Corporate Division, serving as a Client Relations Manager responsible for a capital markets team. He also managed the High-Tech, Industry, and Capital Markets sector and headed the Commercial Banking Division.
In the last five years of his career at the bank, Cohen served as Head of the Corporate Division. Following his departure from the bank, he became the CEO of a non-bank financial institution.
