Israel’s financial risks back to pre-Covid levels – central bank
Banks are well capitalised and housing-related risks are low, report says
Risk levels in Israel’s financial system have declined close to pre-Covid levels, the country’s central bank said on August 11.
The Bank of Israel’s (BoI) financial stability report covers the first half of 2021. In this period, the Israeli government was able to lift lockdowns due to its rapid vaccination programme.
“Our assessment is that macro-prudential risk has declined during the reviewed period, since activity recovered markedly since the end of the lockdown policy,” the central bank
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