05.07.2009

Bank of Israel has imposed limitations on the amount of loans a single borrower or single group may take for fear that if this group were to implode the bank’s stability could be undermined.

Under these restrictions, a bank may not provide credit of more than 15% of their owner’s equity to any single borrower.

This can have a bearing for instance on IEC’s ability to invest without any limit in increasing its generation capacity

Gina Cohen
Natural Gas Expert
Phone:
972-54-4203480
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