Israel Weighs Credit Database

July 2008
American Banker;7/25/2008, Vol. 173 Issue 143, p5
Trade Publication
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.


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