The Israeli Ministry of Finance has requested the OECD to include a section on banking competition in its regular biennial report on the Israeli economy. This request was made without informing the management of the Bank of Israel, according to ynet portal.
The choice of the Ministry of Finance to focus on banking competition has angered the Chairman of the Bank of Israel, Professor Amir Yaron. The central bank’s leadership is concerned that conducting an audit on this topic during wartime could potentially weaken the stability of the banking system and be used for populist initiatives.
Other articles and websites are unrelated to the topic of banking competition and the struggle between the Ministry of Finance and the Bank of Israel. These unrelated topics seem to range from online lotteries to casino bonuses, insurance, and even watch faces, with no clear connection to the current issue.
