He Ru Follow us: Make a7 your Homepage
      Free Daily Israel Report
      Archive: 11/16/2007
      YouReport, Send us News & updates
      08:05
      Reported

      News Brief

        11/16/2007, Kislev 6, 5768

      Bank of Israel May Halt New Fee Program


      The Bank of Israel, after backing changes in the structure of commercial bank fees, may oppose the new fee schedules because they are not uniform, making it difficult for account holders to compare fees.

      Bank Supervisor Ronnie Khizkiyahu told Globes that the changes "are a good thing, and the public also wants this product." However, he added that "we found that the plans will become irrelevant under the new circumstances. I expect that the banks will build new fee plans that will be submitted to us for approval."