trending Market Intelligence /marketintelligence/en/news-insights/trending/wqQlgB6wG2t46ZRhtlHqJw2 content esgSubNav
In This List

Israeli central bank to approve 1st new bank in 40 years

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Israeli central bank to approve 1st new bank in 40 years

The Israeli central bank is set to approve the creation of a new bank, the first to be launched in the country in roughly 40 years.

The approval will allow businessmen Marius Nacht and Amnon Shashua to establish their planned digital bank, which will focus on banking services to households, including providing credit, taking deposits, managing accounts and providing securities purchasing and sales services.

Israel's banking supervision department already completed its review process and the central bank is prepared to issue a banking license and control permit, according to a Sept. 24 statement.