The company is engaged in issuing bonds and depositing the proceeds with the First International Bank.
In 2025 Beynleumi Hanpakot became a larger funding conduit for First International Bank, not a more profitable business: the balance sheet rose to NIS 6.84 billion while net profit fell to NIS 1.75 million and equity remained very thin.
Beynleumi Hanpakot's NIS 2.234 billion subordinated-note layer at end-2025 is the long-duration, lower-ranked base of the funding stack, but it is not the source of 2025 growth and it is not a substitute for broad common equity.
The number that matters in Beynleumi Hanpakot's 2025 filing is not NIS 219.1 million of financing income but a supervisory net financing spread of NIS 1.62 million before tax; almost the entire income line is the gross presentation of an almost fully matched funding structure.
