Earns interest and discount income from credit it extended against pledged property and against endorsed deferred payment instruments. The book is now in collection rather than renewal, so income runs off as the existing loans are repaid.
Geographic Exposure
IsraelN/A
Revenue Drivers
Real-estate-secured discount loans
Term credit extended against pledged property under loan-to-value underwriting limits.
CORE82%
Deferred payment instrument discounting
Advancing funds against endorsed post-dated instruments for a negotiated discount commission.
SIGNIFICANT18%
End Markets
Real-estate and construction borrowers
Renovation contractors
Transport and haulage operators
Trade and retail businesses
Service businesses
Private borrowers
Specializations
Bullet (balloon) repayment loan structuresCollateral-based underwriting with loan-to-value limitsSolo deferred-instrument transactionsRunoff collection of a closed credit portfolioCredit risk assessment of drawers and borrowers
