The Israeli Ministry of Finance has requested the OECD to include a section on banking competition in its regular biennial report on the Israeli economy. This request was made without informing the management of the Bank of Israel, according to a report by ynet. The Ministry of Finance’s decision to focus on this topic has angered the Chairman of the Bank of Israel, Professor Amir Yaron.
The central bank’s leadership is concerned that conducting an audit on banking competition during wartime could potentially weaken the stability of the banking system and be used for populist initiatives. The Bank of Israel’s press service emphasized that they would prefer to conduct such an audit during peacetime.
It is important to note that other articles and websites are unrelated to the topic of banking competition and the struggle between the Ministry of Finance and the Bank of Israel. These unrelated topics seem to range from online lotteries to casino bonuses, insurance, and even watch faces, with no clear connection to the current issue.
