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The Israeli banking and finance market is a highly developed and sophisticated sector, playing a crucial role in the country's economy. The market is characterized by a strong regulatory framework, a well-established infrastructure, and a diverse range of financial institutions. Key figures include:
Over 30 domestic and foreign banks operating in Israel
A total asset base of over NIS 2 trillion (approximately $600 billion)
A strong focus on innovation and technology
The Israeli government is a significant procurer of banking and finance products and services, with an annual spend of over NIS 10 billion (approximately $3 billion). Government procurement is governed by a strict set of regulations and procedures, ensuring transparency and competition.
The main banking and finance products and services procured by the Israeli government include:
Financial advisory services
Investment banking services
Commercial banking services
Payment processing services
Risk management services
The top authorities for Israel banking and finance procurement include:
The Ministry of Finance
The Bank of Israel
The Government Procurement Authority
The top winners of Israel banking and finance procurement include:
Bank Hapoalim
Leumi Bank
Discount Bank
Mizrahi Tefahot Bank
First International Bank of Israel
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