Printer Friendly

Israeli regulator says banking system stable.

Global Banking News-5 February 2009-Israeli regulator says banking system stable(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 05 February 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

According to Reuters, the banking regulator in Israel has opined that the banking system in the country is stable.

Rony Hizkiyahu, the banking regulator in Israel, has announced that even though the country's banking system is stable, steps were being taken to ensure the sector isn't badly damaged by any worsening of the financial crisis. He also said that further difficulties and challenges are not expected this year.

Hizkiyahu also added that lenders in the country are in a more favourable position than many of their peers worldwide.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

((Distributed via M2 Communications Ltd - http://www.m2.com))
COPYRIGHT 2009 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Date:Feb 5, 2009
Words:144
Previous Article:Deutsche Bank cutting bonus by 60pc after record loss.
Next Article:Goldman Sachs says acquisition unlikely.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |