Israel: Selected Issues and Statistical Appendix
May 19, 1999
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This Selected Issues paper and Statistical Appendix reviews developments in the structure of the Israeli banking sector, as well as in the key indicators of soundness and profitability in recent years. The paper highlights that Israel’s financial system continues to be dominated by a small number of banking groups. By international standards, the banking system is highly concentrated, with the largest five banking groups controlling almost 95 percent of total assets. The paper also describes developments in exchange restrictions in Israel.
Subject: Banking, Commercial banks, Corporate income tax, Financial institutions, Income, National accounts, Personal income, Revenue administration, Taxes
Keywords: bank, Commercial banks, Corporate income tax, CR, derivatives transaction, exchange transaction, foreign currency transaction, Global, Income, ISCR, nonindexed treasury bills, Personal income, rate structure, transaction
Pages:
87
Volume:
1999
DOI:
Issue:
040
Series:
Country Report No. 1999/040
Stock No:
1ISREA0011999
ISBN:
9781451819458
ISSN:
1934-7685
