'Banks lag behind OECD countries'

The country's banking system has improved in some areas but still has a ways to go in others to reach the national averages of OECD member countries, according to a Bank of Israel study released Sunday.
"The banking system in Israel needs to improve in order to attain averages of OECD countries in the two most important fields of banking stability - capital adequacy and nonperforming loans," the first-ever such study conducted by the central bank said. For full article, click on the link below...

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