Czech Republic: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Czech Republic
International Monetary Fund. European Dept.
Jul 2016 · International Monetary Fund
Ebook
73
Pages
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About this ebook
This paper provides a technical report on the work of the Banking Supervision Department of the Bank of Israel. Banking supervision in Israel follows a very rigorous and comprehensive approach. Supervisory practice at the Banking Supervision Department matches and at times exceeds in many respects the standard practices in other developed economies, both in the scope of regulation and the intensity and depth of risk assessments. This explains the Bank of Israel’s success in maintaining financial stability during the global financial crisis and has substantially benefited Israel’s economy and its society as a whole.
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