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Union Bank
Israel’s Union Bank Sells Diamond Portfolio
Israeli finance company Peninsula has agreed to buy Union Bank’s diamond business, pledging to continue offering loans amid a shortage of credit in the domestic industry.Peninsula will pay between 55% and 70% of the loan portfolio’s...
Financial-Legal Jul 14, 2020 Rapaport News
Israel Diamond Exchange.
Israel Diamond Industry ‘on Verge of Collapse’
Israel’s diamond industry is on the verge of collapse as the coronavirus has wiped out sales and forced business to stop, the president of the Israel Diamond Exchange said Wednesday in a letter to the government.The pandemic will cost...
Polished Markets Jul 09, 2020 Rapaport News
Israel bourse district
Israel Bourse Resumes Certain Services
The Israel Diamond Exchange (IDE) has become the latest bourse to revive operations, as trading centers around the world slowly return to action following lockdowns.Facilities including banks, the post office, customs, the diamond...
Polished Markets May 06, 2020 Rapaport News
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