Earns interest, fair-value gains and fees by originating, holding, securitising and servicing loans for vehicle purchases and for residential property purchases.
Geographic Exposure
IsraelN/A
Revenue Drivers
Vehicle purchase and vehicle-secured lending
Loans financing car purchases, plus car sales and advertising income.
CORE79.5%
Residential property-backed mortgage lending
Loans secured by homes for purchase, construction and other purposes.
SIGNIFICANT20.5%
End Markets
Private Borrowers
Car Dealerships
Leasing Companies
Licensed Self-Employed and Business Borrowers
Institutional Investors and Banking Corporations
Specializations
Loan securitisation through special purpose companiesLoan portfolio sales and cash-flow assignment transactionsCarwiz vehicle search and purchase platformThree-stage expected credit loss provisioningAutomotive digital content publishing
Activities
Credit Underwriting
Loan Origination
Loan Portfolio Securitisation and Sale
Loan Servicing and Collection
Digital Sales and Distribution
Direct Finance of Direct Group (2006) Ltd (DIFI) | ACE
