BOI tests emergency preparedness

The Bank of Israel said on Monday it was conducting a drill a two-day drill to examine its operational emergency preparedness.

The Bank of Israel said on Monday it was conducting a drill a two-day drill to examine its operational emergency preparedness. Different scenarios will be simulated in the course of the drill, in which management and a team of staff will take part. Participants will receive incoming information about the simulated emergency situations, analyze them and make decisions as appropriate. The purpose of the exercise, the bank said, is to examine the operational readiness of the bank, and improve guidelines for conduct in emergencies so it will be able to continue performing essential functions in an emergency.