Hidden Bibliographic Details
Varying Form of Title: | Israel : technical assistance report : consultations on the work of the Banking Supervision Department of the Bank of Israel Technical assistance report : consultations on the work of the Banking Supervision Department of the Bank of Israel Consultations on the work of the Banking Supervision Department of the Bank of Israel
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Other authors / contributors: | Gutiérrez, Joaquín, author.
Laker, John F., author.
International Monetary Fund. publisher.
International Monetary Fund. Monetary and Capital Markets Department, sponsoring body.
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ISBN: | 9781475529241 1475529244
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Notes: | "June 2016." At head of title: International Monetary Fund, Monetary and Capital Markets Department. Includes bibliographical references. Description based on online resource; title from pdf title page (IMF website, viewed July 28, 2016).
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Summary: | Banking supervision in Israel follows a very rigorous and comprehensive approach. Supervisory practice at the BSD of the BoI parallels and at times exceeds in many respects the standard practices observed in other developed countries, both in the scope of regulation and the intensity and depth of risk assessments. This explains the success of the BoI in maintaining financial stability during the global financial crisis and has resulted in substantial benefits to the Israeli economy and its society as a whole. In a difficult geopolitical environment, the BSD continues to be a critical contributor to the promotion of financial stability in Israel.
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