The Bank of Israel’s Banking Supervision Department issued a temporary order introducing regulatory adjustments and leniencies for the banking system to give banks and credit card companies additional business flexibility during Operation Rising Lion. The measures are aimed at easing conditions for customers harmed by the state of war and supporting continuity in the provision of services. The temporary order is intended to enable a rapid assistance response and will be updated from time to time as necessary. The Banking Supervision Department also indicated it will continue examining additional regulatory leniencies as needed.
Bank of Israel 2025-06-19
Bank of Israel issues temporary regulatory leniencies for banks and credit card companies during Operation Rising Lion
The Bank of Israel's Banking Supervision Department issued a temporary order providing regulatory adjustments and leniencies to offer banks and credit card companies more business flexibility during Operation Rising Lion, aimed at supporting customers affected by the state of war. The order will be updated as necessary, with further regulatory leniencies under consideration.