Competition in the banking system  Competition in the banking system has been a focus of attention in the Bank of Israel and among the public for many years. There is a reasonable degree of competition in the area of banking services for the business sector, and the Bachar Committee dealt with competition in the credit and capital markets.
This year bank fees were the focus of a great deal of attention. The Banking Supervision Department was deeply involved in the subject this year. Firstly, the Supervisor of Banks, together with the Knesset Economics Committee, successfully promoted the Bank Fees Law.