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ISRAEL AT WAR - DAY 531

Hedva Ber

Yair Avidan takes up his post as Supervisor of Banks at the Bank of Israel on May 17, 2020 (Courtesy)
May 17, 2020, 4:11 pm
Yair Avidan takes post as supervisor of banks at Bank of Israel
The banking industry veteran replaces Hedva Ber at the post; sees his role as ensuring stability of banks while boosting competition and digital development
By Shoshanna Solomon
Illustrative image of a credit crunch, recession (Morrison1977; iStock by Getty Images)
April 7, 2020, 4:36 pm
Israel’s banks accused of ‘piggish’ behavior as businesses suffer credit squeeze
Experts, MKs outraged as interest rates raised on loans and mortgages; banks say Israel not giving them enough cover as pandemic crisis adds to risk
By Shoshanna Solomon
Israel Supervisor of Banks Hedva Ber speaking at the Calcalist conference on Dec. 31, 2018 (Screenshot)
From the WebDecember 1, 2019, 5:14 pm
Hedva Ber to step down as Supervisor of Banks
Globes: Ber, the regulator of Israel’s banks, has asked to step down from her position on April 15, 2020, after a term of close to five years
Left to right: Amnon Shashua and Marius Nacht get a letter from Bank of Israel Governor Amir Yaron and Supervisor of Banks Hedva Ber, saying they will get a license to set up a digital bank in Israel (Courtesy)
September 24, 2019, 2:50 pm
Bank of Israel gives nod to tech moguls Nacht, Shashua for new digital bank
The approval marks the first time in 40 years a new bank will be set up in Israel; the plan is for a digital bank, without branches, that aims to compete with incumbent lenders
By Shoshanna Solomon
Check Point Software Technologies co-founder Marius Nacht (Courtesy)
January 22, 2019, 12:03 pm
Billionaire Nacht submits plan to set up digital bank in Israel
Cybersecurity giant Check Point Software co-founder seeks to enter tight banking sector, where Bank of Israel is in favor of more competition
By Shoshanna Solomon
Hedva Ber, Supervisor of Banks at the Bank of Israel, far end, right, at a press conference in Tel Aviv, May 24, 2017 (Courtesy: Shoshanna Solomon)
From the WebAugust 7, 2018, 1:08 pm
Regulator hopes to open Israel’s rigid financial services market to newcomers
Calcalist: The Bank of Israel and its Finance Ministry say they are seeking to set up open banking standards in the nation
Hedva Ber, Supervisor of Banks at the Bank of Israel, at a press conference in Tel Aviv, May 24, 2017 (Courtesy: Shoshanna Solomon)
From the WebMay 30, 2018, 4:03 pm
Israeli banking regulator to clear way for share buybacks
Reuters: Israel’s banking regulator is set to publish a policy to allow the nation’s banks to buy back their own shares in addition to making dividend payments
Hedva Ber, Supervisor of Banks at the Bank of Israel, far end, right, at a press conference in Tel Aviv, May 24, 2017 (Courtesy: Shoshanna Solomon)
May 30, 2018, 1:51 pm
Israel banks saw NIS 70m outflow of foreign deposits amid regulatory crackdown
Investigations by US regulators into tax evasion by foreign customers of Israel banks led to the outflow of funds, Israel’s banking supervisor says
By Shoshanna Solomon
Check Point Software Technologies co-founder Marius Nacht (Courtesy)
May 21, 2018, 2:43 pm
Billionaire Nacht seeks to set up new digital bank in Israel
At a conference earlier this month, banking regulator Hedva Ber said conditions were ripe for a new bank to join Israel’s current five
By Shoshanna Solomon
Offices of Discount and Hapoalim banks in the center of Tel Aviv (Miriam Alster/ FLASH90)
February 28, 2018, 6:18 pm
Bank Hapoalim sets aside extra $75 million over US investigation
Hapoalim, one of 3 Israeli banks probed by Justice Department on suspicion they helped Americans evade taxes, has now allocated a total of $343 million for potential settlement
By ToI Staff
Governor of the Bank of Israel Karnit Flug during a meeting of the Finance Committee in the Knesset in Jerusalem on January 06, 2014. (Photo credit: Flash90)
February 18, 2018, 3:42 pm
Bank of Israel sets criteria for buyers of credit card firms
Bank Hapoalim and Bank Leumi need to sell their credit card units as part of a push to increase competition in the banking sector
By Shoshanna Solomon
Hedva Ber, Supervisor of Banks at the Bank of Israel, far end, right, at a press conference in Tel Aviv, May 24, 2017 (Courtesy: Shoshanna Solomon)
September 27, 2017, 2:17 pm
Regulator asks Israeli lenders to redefine foreign banking strategy
Banks must outline an exit plan if a foreign unit’s activity is not in line with their strategy, central bank says in draft directive
By Shoshanna Solomon
Hedva Ber, Supervisor of Banks at the Bank of Israel, at a press conference in Tel Aviv, May 24, 2017 (Courtesy: Shoshanna Solomon)
May 24, 2017, 4:47 pm
Banking watchdog warns of rising household credit in Israel
Central bank’s supervisor of banks also laments over-regulation in the sector, demands halt to new legislation
By Shoshanna Solomon
A man removes cash from a Bank Leumi ATM machine in the Meah Shearim neighborhood of Jerusalem (Nati Shohat/Flash90)
December 11, 2016, 2:40 pm
Israeli banks to cut 5,100 workers in 2016-2020
Reduction is in line with Bank of Israel’s demand that they cut costs after being found more inefficient than their OECD peers
By Shoshanna Solomon
From right to left: Avi Cohen, Gil Devora, Hedva Ber and Moises Cohen at the launch of The Floor in Tel Aviv (Courtesy)
July 6, 2016, 3:10 pm
Global banks, Intel join Israel’s fintech scene
HSBC, RBS, Italy’s Intesa Sanpaolo and Banco Santander are partners in a new fintech hub in Tel Aviv
By Shoshanna Solomon
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