Israeli Central Bank Slams Move to Label Top Banks an Oligopoly

Israel’s central bank accused the competition watchdog of making an “extreme and disproportionate” decision following a move to categorize the country’s top lenders as an oligopoly.

By Galit Altstein · Bloomberg

Israel’s central bank accused the competition watchdog of making an “extreme and disproportionate” decision following a move to categorize the country’s top lenders as an oligopoly.