Levy Halevi's year: ICC presents a huge profit of NIS 271 million
This morning, the credit card company Cal published its financial report for 2021 and shows an increase in profit and the number of cards.
Revenues rose to about NIS 2 billion
Walla!
Of money
07/03/2022
Monday, 07 March 2022, 10:58 Updated: 11:13
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The credit card company ICC published its financial statements for 2021. This morning, ICC, which is managed by Levy Halevi, presented a very high profit line. ICL's net profit in 2021 was NIS 271 million compared to NIS 90 million in 2020. This is an increase of 202 ICC also recorded
an increase in the number of its credit cards, and at the end of
2021
the number of ICC cards was approximately 4.0 million, compared with approximately 3.7 million cards at the end of 2020, an increase of approximately 7%.
NIS 2.0 billion, compared with NIS 1.8 billion in the corresponding period last year,
and in 2021 the turnover was NIS 129 billion, compared with NIS 108 billion in the corresponding period last year, an increase of 19%.
From the beginning of 2021, ICC's consumer credit portfolio increased by approximately 12%, and in the fourth quarter of 2021, consumer credit balances increased by approximately 6% compared to the previous quarter.
As of 31.12.2021, the total credit portfolio was approximately NIS 6.7 billion, compared with approximately NIS 6.0 billion on 31.12.2020, an increase of approximately 13%.
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Levy Halevi, CEO of ICC, concludes an excellent year (Photo: Sivan Farage)
Advocate Esther Deutsch
, Chair of ICC's Board of Directors, said: "ICC marks 2021 as strong and financially sound. In 2022, the company will continue to work to create solutions and provide innovative services to the company's customers and partners, and to establish its position as a leading company in payments and foreign credit. Bank.
Levy Halevi, CEO of ICC
, said: "ICC concludes 2021 with a record profit of NIS 271 million and a record revenue of NIS 2 billion, along with strong growth in all areas of the company's operations.
"Along with the significant increase in all business parameters, we have continued to develop advanced technological capabilities to create real value for our customers and business partners."
The online trading guide here.
When Halevy states: "Development of advanced technological capabilities to create real value for our customers and business partners" - this is exactly what he means (Photo: PR)
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