Bank Mergers
There has been limited merger activity within the Israeli banking system. Mergers have mostly been limited to the merger of mortgage banks with the leading banks in their banking groups and some small banks have been bought by larger banks to take advantage of economies of scale.
Read more about this topic: Banking In Israel
Famous quotes containing the word bank:
“A bank is a confidence trick. If you put up the right signs, the wizards of finance themselves will come in and ask you to take their money.”
—Christina Stead (1902–1983)