Economy · Full coverage
Cal Credit Card Company Reports 6.5% Revenue Growth and Receives 75 Million Shekel Compensation from El Al
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
First reported by Calcalist · 21 hours ago
What happened
Cal credit card company reported a 6.5% revenue increase in Q2 2024 and will receive 75 million shekels from El Al for ending their FlyCard partnership. The company’s consumer credit portfolio grew nearly 12%, with car loans exceeding one billion shekels for the first time. Executive changes are underway amid ongoing sale negotiations.
- 01Cal reports 6.5% revenue growth in Q2 2024 to 843 million shekels.
- 02Cal receives 75 million shekels compensation from El Al over FlyCard program transfer.
- 03Consumer credit portfolio grows 11.9% to 9.3 billion shekels, car loans exceed 1 billion.
- 04Net profit rises 4%, or 11% excluding one-time provisions.
- 05Cal launches FlyAll tourism club, gaining 130,000 customers in two months.
- 06Executive leadership changes amid internal tensions and sale process.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 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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