Wednesday, May 9, 2012

IMF stress tests find Israeli banks sound

 In the event of the collapse of the largest borrower group, banks would 
lose 8.5-12.6% of their core capital - i.e. NIS 6-9 billion.
The Bank of Israel published the results of the stress tests conducted by 
the International Monetary fund (IMF)  on Israel's banking system.
The tests found that Israel's banks are stable and in good shape to 
withstand shocks.

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