Authored by Sandrine Fitoussi, Dr. Avi Tillman and Dr. Michael Sarel, this paper presents the data on Israel’s banking-financial system and credit market; reviews the policy measures that have been taken in recent years regarding competition; describes and explains the economic rationale behind the policy guidelines detailed in the Interim Report of the Committee to Increase Competition in Common Banking and Financial Services (the Strum Committee); and presents accordant recommendations.

See the English summary here.
For the full Hebrew paper.