Bank of Israel to banks: Allocate 3 billion shekels for customer discounts - This is how it will work
mako.co.il (nprofile…48rp)
The Bank of Israel presented a new plan today, which demands that banks allocate billions of shekels from their profits to offer discounts to their customers. The initiative comes on the backdrop of record-breaking profits made by banks in recent years and the government's plan to impose an additional tax on them. What discounts can customers expect to receive? What problems does it aim to address? And what is the criticism of the initiative?
https://www.mako.co.il/news-money/2025_q1/Article-7c24fb1d7124591026.htm
The Bank of Israel presented a new plan today, which demands that banks allocate billions of shekels from their profits to offer discounts to their customers. The initiative comes on the backdrop of record-breaking profits made by banks in recent years and the government's plan to impose an additional tax on them. What discounts can customers expect to receive? What problems does it aim to address? And what is the criticism of the initiative?
https://www.mako.co.il/news-money/2025_q1/Article-7c24fb1d7124591026.htm