Karnit Flug: Israel’s Credit Information Bill Remarks by Dr Karnit Flug, Governor of the Bank of Israel, to the Knesset Economic Committee regarding the Credit Information Bill, Tel Aviv, 14 March 2016.
*  *  *  In recent years, the Bank of Israel has been acting in various ways to increase competition in the banking system in general, and in the retail credit market in particular. An important component of increased competition in the credit market is providing a solution to the problem of asymmetric information.