Israel risk: Financial risk.

The article discusses financial risk in Israel as of September 2011. It notes that the shekel exhibited resilience against political risk, adding that a currency crisis is unlikely to occur. Improvements in risk profile have been posted by the five major banks in the country over the past two years. It explores several risk scenarios, one of which is the moderate likelihood that an increase in the prices of houses over the past couple of years will be succeeded by a sharp downward correction.