2018-03-15
Added
The Bank of Israel amends Proper Conduct of Banking Business Directive no. 203 to update risk weights for loans fully secured by mortgages on residential assets. A risk weight of 60 percent is set for loans with a loan-to-value ratio exceeding 60 percent, applicable to loans extended after the circular's publication on March 15, 2018. These changes apply to banking corporations and credit card companies and take effect upon publication.
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