Economy · Full coverage
Jerusalem Bank Launches Novel Deposit Tied to Construction Costs Index
How 4 Israeli newsrooms covered this story — translated into English and compared side by side.
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By עוזי גרסטמן
First reported by Bizportal · 1 day ago
What happened
Jerusalem Bank has launched a new one-year deposit account that is fully linked to Israel's construction input index, aiming to protect individuals buying new apartments from cost fluctuations. The deposit allows for withdrawals with notice and is designed to align savings with contractor payment schedules.
- 01Jerusalem Bank offers a new deposit tied to the construction input index.
- 02The deposit aims to protect buyers of new apartments from cost changes.
- 03Funds can be withdrawn with 35 days' notice for contractor payments.
- 04The principal amount fluctuates with the index, both up and down.
- 05A 15% tax applies to profits, including indexation gains.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 4 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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