Regulator to declare big banks as concentration group
Categories: Banking & Finance
Israel Competition Authority commissioner Michal Cohen has informed the five big banks – Bank Leumi, Bank Hapoalim, Israel Discount, Bank Mizrahi Tefahot Bank, and First International Bank of Israel – that she plans to declare them a concentration group in retail banking.
She intends to impose orders on them in the field of deposits.
For more on this, read the article in Globes.
