In report on domestic financial stability, central bank says Israel’s financial system 'remains stable', but raises the level of risk citing overhaul impact
Daniel Hahiashvili will replace Yari Avidan on June 22; sees his role as ensuring stability of banks while boosting competition and technological innovation
NY-based financial institute founded by Bank Hapoalim, which sold stake in 2005, collapses as investors pull deposits following crash of SVB; 3rd largest bank failure in US history
With banks shying away from Arab communities, the only path to credit for many is gray market lenders, who offer easy cash at high interest and deadly results for failing to repay
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