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Israel Banking & Financial Services Q3 2018

Israel Banking & Financial Services Q3 2018

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Israel has a highly developed, but highly concentrated, banking and financial services industry with a small number oflarge banks and insurance companies controlling almost 60% of the market. Many of these banks are at least part-governmentowned, providing some stability though their dominance drives down competition in the market and increases costs for Israelicustomers. Plans to increase competition in the credit card sector should help to lower prices and increase options for consumersby introducing smaller companies into the market. However, any further plans to break up banks could lead to instability in themarket.


BMI Industry View
SWOT
Banking
Banking Snapshot
Forecast Scenario
Forecast Tables
Competitive Landscape
Regulatory Environment
Insurance
Insurance Snapshot
Competitive Landscape
Regulatory Environment
Asset Management
Asset Management Snapshot
Competitive Landscape
Regulatory Environment
Stock Exchanges
Stock Exchanges Snapshot
Competitive Landscape
Regulatory Environment
Macroeconomic Overview
Robust Domestic Demand To Push Growth Higher
Macroeconomic Forecasts
Household Income Forecasts
Demographic Forecast
Demographic Outlook
Banking & Financial Services Methodology

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