Ronen Bar’s affidavit shows Israel still has a core institutional resilience, and individuals of integrity, who can help prevent that outcome. The nation’s fate depends on their success.
UCBs accounted for 1.8% of total industry credit in September 2025—down from 2.2% five yrs ago—showing that they are losing ground to faster PSU banks.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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