Israel Banking & Financial Services Q2 2020
Israel's banking and financial services industry has the potential for robust growth over the forecast period, supported bya broadly favourable economic backdrop and regulatory reforms designed to introduce more competition and encouragetechnological innovation. The industry will remain dominated by a small number of large banks and insurance companies thatoperate across a range of sectors, but new digital start-ups could challenge traditional players. We expect the asset managementand insurance sectors to continue to see steady growth throughout our forecast period, supported by economic and demographictailwinds.
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