Israeli banks' core capital ratio would fall to 7.5% in crisis, stress tests show
Banking system would show cumulative loss of 3 billion shekel – BoI
Annual stress tests by the Bank of Israel (BoI) suggest a severe crisis would have a "significant impact" on the country's banking system, but poses "no risk to its stability", the bank said in a statement yesterday.
The tests were based on two scenarios, a base scenario and an adverse scenario. "The adverse scenario presents a severe domestic recession with difficult ramifications for the housing and real estate industry, as a result of deterioration in the geopolitical situation," the BoI said
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