Recently Released Market Study: Israel Commercial Banking Report Q3 2012
BMI View: We expect asset growth within Israel's commercial banking sector to drop off in the coming quarters as the domestic economy runs into a soft patch, forecasting total asset growth to fall to 5.0% in 2012, compared with 9.7% last year. However, we stress that the sector is in a strong position to weather the impact of a slowdown, given relatively low leverage ratios and minimal concerns over asset quality. We hold to our view that asset expansion in...
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