Tel Aviv shares drop as SVB failure triggers cash-flow concern for Israeli startups

12 Mar

Tel Aviv shares drop as SVB failure triggers cash-flow concern for Israeli startups

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LeumiTech says it helped Israeli startups transfer $1 billion out of SVB accounts; government pledges to help tech firms Tel Aviv shares drop as SVB failure triggers cash-flow concern for Israeli startups

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Tech Israel

Silicon Valley Bank SVB

Israeli startups

Israeli hi-tech industry

banks

Tel Aviv Stock Exchange TASE

Bezalel Smotrich

Benjamin Netanyahu

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Tel Aviv shares drop as SVB failure triggers cash-flow concern for Israeli startups

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