Israel stress test shows banks' stability not in danger
The stability of Israel’s banking system is not in danger in the event of a local macroeconomic shock such as a housing crisis, but banks nonetheless would be affected, the Bank of Israel said.
An Israeli flag flutters outside the Bank of Israel building in Jerusalem August 7, 2013. (photo credit: REUTERS/RONEN ZEVULUN/FILE PHOTO)ByREUTERS