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Intercultural Bank Management in Israel

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  • Yair E. Orgler

Abstract

With a population of 5.5 million and 15,000 US$ per capita income in 1994, Israel is a headrunner among developing countries. Banking activities are led by the five largest banks representing 93% of total activities. Public sector still plays a dominant role in the banking sector, since after the 1983 banking share crisis, the government took control in the sector. This article studies Israel’s banking sector, providing a historical, cultural and economic background. Within this context, corporate structure of the banking system and its public image as well as effects of future regional and regulatory developments with a special interest on privatization of the largest three banks constitute the topic of this article.

Suggested Citation

  • Yair E. Orgler, 1997. "Intercultural Bank Management in Israel," Istanbul Stock Exchange Review, Research and Business Development Department, Borsa Istanbul, vol. 1(1), pages 13-36.
    • Handle: RePEc:bor:iserev:v:1:y:1997:i:1:p:13-36
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    File URL: http://www.borsaistanbul.com/datum/imkbdergi/EN/ISE_Review_01.pdf
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