Psagot Investment House and IBI Investment House see no fear of contagion to financial stability of Israeli banks; lenders have capital buffers to withstand times of turmoil
Reuters: Most Israeli lenders have reported increases in first-quarter profit due to the unwinding of the large loan-loss provisions they made in 2020 to cope with the crisis
Reuters: Israel's largest lender posts a bigger-than-expected surge in quarterly profit, earning NIS 1.354 billion ($412 million) vs NIS 192 million in Q1 2020
Calcalist reports that Zuk and former Israeli securities regulator Shmuel Hauser will seek institutional investment for new bank and are eyeing a Bank of Israel license
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