TITLE

Israel Weighs Credit Database

PUB. DATE
July 2008
SOURCE
American Banker;7/25/2008, Vol. 173 Issue 143, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that the Bank of Israel could decide to support an initiative from the Israeli Finance Ministry to create a centralized database for consumer credit, according to the Israeli newspaper "Haaretz." The newspaper also suggests that the agreement will take place if the ministry gets rid of a proposal to require lenders to sell credit card company holdings. Bank Leumi Le-Israel ltd. and Bank Hapoalim are in opposition to the database plan.
ACCESSION #
33346201

 

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