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Representative action: 5 Israeli banks do not open branches in Arab cities

The Jerusalem district court filed a petition for adoption of a representative action against banks «Mizrahi-Tefahot», «otsar ha-Hayal ha-Rishon», «Ozar a-Hal», «Yahav» and «Ehud» on charges of discrimination.

According to the lawsuit, four banks have not opened any branch in the Arab settlements, and the Bank «Mizrahi-Tefahot» opened only three branches.

Damage to the absence of branches of five banks in the Arab localities of competition in the banking sector, the plaintiffs estimate at NIS 660 million.




Representative action: 5 Israeli banks do not open branches in Arab cities 17.02.2016

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