Bank shares have been on the decline since the beginning of the year, but not because of the downgrade or the American sanctions. The banks, which had already managed to return to a work routine free from the public spotlight, continued under the unflattering spotlight again.
The Knesset's Economic Committee, for example, concluded its discussions on the subject by demanding answers from the Bank of Israel. The Finance Committee already began to take advantage of the negative drift towards the banks, along with the timing of the war and the expected deficit.