Supervisor of Banks Yair Avidan today participated in a meeting of the Knesset Economics Committee and presented the Annual Survey of the Israeli Banking System for 2021.  The Survey details the variety of measures advanced by the Banking Supervision Department, and the main economic developments in the Israeli banking industry.  The full presentation (in Hebrew) is attached to this notice.

The Supervisor of Banks said during the meeting that:

“The customer at the center is one of our guiding statements.  We must serve the customer fairly, provide the services most appropriate to each customer, and enable the customer to compare prices and products.”

“Our role is to remove barriers and to encourage innovation.  We will continue acting in the world of digitization so that Israel’s banking system will remain at the cutting edge.”

“The issue of the banking system’s profits alongside providing social value is an issue of high strategic value in my view.  As such, we will continue to make every effort so that the banking system will take part in ensuring a better society in which we can live.”​

For a presentation