The banking system and banking supervision - data and general information

The Banking Supervision Department announces another round of nation-wide activities on "Digital Banking Empowerment" for senior citizens
11/06/2019 | The Banking Supervision Department announces another round of nation-wide activities on "Digital Banking Empowerment" for senior citizens
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Decision to reduce the financial sanction imposed on Max (formerly Leumi Card)
30/05/2019 | On December 23, 2018, a decision was made to impose a financial sanction of NIS 1.5 million on Leumi Card, now known as Max It Finance Ltd. (hereinafter: "the Company").
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The Banking Supervision Department and the National Cyber Directorate Sign a Memorandum of Understanding Regarding Collaboration
30/05/2019 | The Banking Supervision Department and the National Cyber Directorate Sign a Memorandum of Understanding Regarding Collaboration
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Switching banks and spreading banking services
22/05/2019 | Switching banks and spreading banking services
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The Supervisory Methodology for Assessing Risks in the Banks
20/05/2019 | Excerpt from the forthcoming Annual Survey of Israel’s Banking System: The Supervisory Methodology for Assessing Risks in the Banks
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Effects of Macroeconomic Stress Scenario on Housing Credit
19/05/2019 | Effects of Macroeconomic Stress Scenario on Housing Credit: The expected impact of a sharp increase in the interest rate and in unemployment on mortgages borrowers and on banks
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Macroeconomic Stress Tests for the Banking System, 2018
19/05/2019 | Excerpt from the forthcoming Annual Survey of Israel’s Banking System: Macroeconomic Stress Tests for the Banking System, 2018
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The Banking Supervision Department demands that Bank Hapoalim compensate customers who were affected by a defect found in the bank's automatic cash withdrawal machines, and imposed a monetary sanction on the bank
16/05/2019 | The Banking Supervision Department demands that Bank Hapoalim compensate customers who were affected by a defect found in the bank's automatic cash withdrawal machines, and imposed a monetary sanction on the bank
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The Governor of the Bank of Israel granted Mastercard Inc. a permit to hold 10 percent of the shares of Shva
30/04/2019 | Another stage in implementation of the reform to increase competition: The Governor of the Bank of Israel granted Mastercard Inc. a permit to hold 10 percent of the shares of Shva
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Reaction to the publication of the report of the Parliamentary Inquiry
16/04/2019 | The Bank of Israel's reaction to the publication of the report of the Parliamentary Inquiry into the Financial System's Behavior in Credit Restructuring to Large Business Borrowers (the Cabel Committee)
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Household and Small-Business Consumption of Banking Services by Direct Channels
14/04/2019 | Online Banking Report Household and Small-Business Consumption of Banking Services by Direct Channels – 2018 Summary
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The banking competition reform moves one step further as IsraCard becomes a public company with 65 percent of its shares held by the public in Israel
14/04/2019 | The Supervisor of Banks participated today in the ceremony to open trading in IsraCard shares, after the company became a publicly traded company, as part of the process of separating it from Bank HaPoalim and the reform to promote competition in banking.
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Banking Supervision Department conference: "Competition in the Financial System"
02/04/2019 | Banking Supervision Department conference: "Competition in the Financial System"
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The backs the Banking Supervision Department and rejects Bank Leumi's appeal
17/03/2019 | The backs the Banking Supervision Department and rejects Bank Leumi's appeal regarding infringements of directives under the Prohibition of Money Laundering Law
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Bank of Israel Governor grants Warburg Pincus a permit to control Leumi Card
20/02/2019 | Bank of Israel Governor grants Warburg Pincus a permit to control Leumi Card The separation of the credit card companies gets underway
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Financial sanction on Isracard due to credit marketing advertisements
14/02/2019 | The Banking Supervision Department imposes a financial sanction on Isracard due to credit marketing advertisements that do not comply with the requirements of the Law
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Cyber exercise for the entire banking system to improve preparedness for cyber incidents
27/01/2019 | The Banking Supervision Department conducted a cyber exercise for the entire banking system to improve preparedness for cyber incidents
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The Banking Supervision Department publishes the findings of a survey showing customer satisfaction with the service provided by the banks.
01/01/2019 | The Banking Supervision Department publishes, for the first time, the findings of a survey showing customer satisfaction with the service provided by the banks.
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The Banking Supervision Department welcomes Israel’s joining the FATF
17/12/2018 | The organization recognized that the Banking Supervision Department is effective complies with the international standards on anti-money laundering and on countering terrorism financing.
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Initiated marketing of consumer credit
12/12/2018 | Initiated marketing of consumer credit: Examination report findings and Banking Supervision Department requirements
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The Banking Supervision Department is working to enhance public awareness and to encourage the use of debit cards
09/12/2018 | In recent years, the Bank of Israel’s Banking Supervision Department has adopted many activities to encourage the use of debit cards—cards with immediate debit.
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Remarks by the Supervisor of Banks at the parliamentary inquiry on large borrowers
25/11/2018 | The issue was a main focus of the Department’s work over the years, even long before I took the position of Supervisor, and included many audits, regulations and enforcement operations as part of the Department’s work to protect depositors’ money.
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Publication of the information sent to the parliamentary investigative committee
16/10/2018 | The Banking Supervision Department has published the information sent to the parliamentary investigative committee on large borrowers on the Bank of Israel’s website
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“E-Banking Empowerment” activity for senior citizens
07/10/2018 | The Banking Supervision Department in collaboration with the Ministry for Social Equality announce “E-Banking Empowerment” activity for senior citizens
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The Semiannual Report to the Economic Affairs Committee on Prices of Common Banking Services for Households—2017
12/09/2018 | The Supervisor of Banks at the Bank of Israel, Dr. Hedva Ber, submitted the Semiannual Report on Prices of Common Banking Services for Households to the Knesset’s Economic Affairs Committee.
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Change in ownership structure at Bank Hapoalim
04/09/2018 | Several months ago, Bank Hapoalim controlling shareholder Ms. Shari Arison requested that the Bank of Israel examine the sale of the controlling core in the bank by dispersion of the shares on the stock exchange.
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Public Enquiries Review – The Banking Supervision Department’s handling of public enquiries and complaints in 2017
07/08/2018 | The Banking Supervision Department uses a variety of tools and channels with the objective of ensuring fair, professional, and proper service to the banking system’s customers
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The Banking Supervision Department is leading the regulation of an Open Banking standard in Israel
06/08/2018 | The Bank of Israel ascribes national importance to the promotion of open banking in the Israeli financial system. In order to enable this, the Bank of Israel has begun a project to regulate an API standard for open banking.
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The Bank of Israel’s response to Bank Leumi’s announcement regarding the sale of Leumi Card.
28/07/2018 | Separating the credit card companies from the banks and advancing competition: The Bank of Israel’s response to Bank Leumi’s announcement regarding the sale of Leumi Card.
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Expansion of the “Banking Availability Covenant” to reduce economic violence against women who are victims of violence
03/07/2018 | The Banking Availability Covenant is a voluntary covenant that was formulated together with the Association of Banks and the banking system to reduce economic violence against battered women in shelters and half-way houses.
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The Bank of Israel grants an additional permit, its fourth one, to an institutional entity to increase its holdings in bank shares
24/06/2018 | The Bank of Israel grants an additional permit, its fourth one, to an institutional entity to increase its holdings in bank shares
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The Bank of Israel publishes the policy for establishing a new bank and guidelines for license applicants
03/06/2018 | The removal of entry barriers to the banking industry continues: The Bank of Israel publishes the policy for establishing a new bank and guidelines for license applicants
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Publication of the "Israel’s Banking System" Annual Survey for 2017
30/05/2018 | Banking in Israel and abroad has changed dramatically in recent years, influenced by the rapid technological changes in the financial world, and due to the many regulatory measures currently being implemented.
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Israel’s Banking System Performance in International Perspective
29/05/2018 | A section from the Survey of Israel's Banking System for 2017 , that will be published tomorrow: Israel’s Banking System Performance in International Perspective
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Excerpt from the forthcoming Annual Survey of Israel’s Banking System: Households’ participation in the loans market and their financial vulnerability- An analysis based on the Households Survey for 2016
23/05/2018 | The survey indicates that half of households (47 percent) have loans: 31 percent have consumer loans and 28 percent have housing loans. Of the 28 percent, 40 percent have consumer loans as well.
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The Committee to Examine Competition in the Credit Market published its first periodic report
23/05/2018 | The report focuses on describing the process and progress of measures to remove entry barriers for new credit suppliers and the transition of customers between credit providers. These actions are further measures in increasing competition
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Competition and the changes in competition in the Israeli banking system: Excerpt from the forthcoming Annual Survey of Israel’s Banking System
21/05/2018 | The Bank of Israel and Ministry of Finance have defined the advancement of competition in banking as an objective, with an emphasis on households and small businesses including all of the banking services they consume.
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The Banking Supervision Department’s Activity Regarding Corporate Governance in the Banking System
16/05/2018 | A section from the Survey of Israel's Banking System for 2017 , that will be published soon: The Banking Supervision Department’s Activity Regarding Corporate Governance in the Banking System
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Remarks by the Supervisor of Banks at the Calcalist Fintech 2018 Conference
15/05/2018 | The Supervisor of Banks spoke today on the issue of Innovation in Banking and in the World of Finance as part of the Calcalist Fintech 2018 Conference.
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The Bank of Israel grants a license to another new acquirer today
20/03/2018 | Enhancing the competition in the merchant acquiring market continues: The Bank of Israel grants a license to another new acquirer today
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