Max
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Rami Levy invests 225 million shekels, while Max to pay tens of millions in compensation
Key economic stories of the week: Rami Levy invests 225 million shekels in a new project, Max to compensate businesses, Victory's profits jump 150%, Moderna shares soar on Wall Street, plus Amos Luzon's deal, chaos at Ben Gurion Airport, and Itay Levi's real estate move.
After 7 years: Max will pay 26.6 million shekels in compensation — who is eligible
Following a prolonged legal battle that began back in 2019, a settlement agreement was submitted to the District Court, deciding that the company Max It Finance will compensate businesses. Which businesses will receive an automatic refund?
Clal CEO Yoram Naveh: "The 'small bank' reform is currently not attractive for us - and that's a pity"
Clal has broken a record in core business profit, launched for the first time in its history a share buyback program, and crossed 456 billion shekels in assets under management. In an interview with ice, CEO Yoram Naveh explains why he remains "long on Israel," why he will not fight for market share in auto insurance at any cost, and why the "small bank" reform, which is supposed to increase...
Credit card companies have more cards than residents in the country, and profits are jumping accordingly
The results of the industry leaders — Isracard, Cal, and Max — for the second quarter of 2026 show that the number of their active cards is already higher than the number of residents in Israel. Who led in transactions and who in quarterly profit, and what is the chance that any of the three will advance in entering banking activity? 3 notes on the reports.
Max closed the quarter with a net profit of 80 million shekels: success for its aviation program
Sharp recovery and expansion in tourism activity: Max moved from a loss to a net profit of 80 million shekels in the second quarter. The credit card company's revenues climbed to 621 million shekels, and the consumer credit portfolio grew by 13.7%. CEO Sagit Dotan stated that the SKYMAX aviation card has crossed the 100,000 customer threshold.
Fly Card invested more in advertising than MAX, but remained out of the ranking
Even without being on air, Bank Hapoalim once again tops the memorability and favorability rankings, according to Globes and Geocartography. The index is dominated by summer-themed advertisements, including those from MAX and Duty Free.
Aviation Card Battle: El Al Demands Removal of Max Ad
El Al's "Matmid" frequent flyer program has appealed to the Second Authority for Television and Radio to pull a new Max commercial for the SkyMax card. The company claims the ad misleads consumers regarding point redemption terms.
2.38 million NIS for MAX customers: Are you eligible for compensation?
MAX customers may be eligible for compensation following a court-approved settlement regarding the collection of card fees after the end of a waiver period without specific prior notification.