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Israel banks Hapoalim and Discount name new CEOs

Hapoalim appoints Dov Kotler as CEO, Discount Bank appointed Uri Levin.

DISCOUNT BANK CFO and head of strategy, Ziv Biron, is given the The Jerusalem Post award for the org

The future of smart banking

Discount Bank’s new artificial intelligence-based personal assistant eases online finance management

Economic outlook.

Knesset seeks expanded subpoena powers to probe banks’ secret deals

Lawmakers seek expanded powers to force banks to reveal confidential information about customers.


NGO: No protection for Israeli banks with PA ties in terrorism lawsuits

Last February, a US jury handed down a $655.5 million judgment in wrongful death damages against the PA in a case brought by 10 American families that lost relatives in Palestinian terrorist attacks.

Credit card

Regulator pushes debit cards, cancels check bouncing fee for depositors

One of the Bank of Israel's new regulations includes not charging customers who deposit bad checks, as well as not allowing banks to charge customers for debit cards.

Karnit Flug at her office on February 3, 2015

The mortgage risk

The BoI deserves unstinting support for at least trying to break the vicious cycle of rising real estate prices and low interest rates.

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