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:
“I have passed down the river before sunrise on a summer morning, between fields of lilies still shut in sleep; and when, at length, the flakes of sunlight from over the bank fell on the surface of the water, whole fields of white blossoms seemed to flash open before me, as I floated along, like the unfolding of a banner, so sensible is this flower to the influence of the sun’s rays.”
—Henry David Thoreau (1817–1862)