🇮🇱
Lean bank licenses
Negotiation
Jurisdiction
🇮🇱 IL
Deadline
H2 2026
Status
113 days remaining
Description
Israel negotiates 'lean' (simplified) bank licenses with Revolut and Rapyd, seeking to break the oligopoly of the country's 5 major banks.
Impact
Israeli banks (Bank Hapoalim, Leumi, Discount, Mizrahi, FIBI), global fintechs, Israeli consumers.