Bnak Leumi and Bank Hapoalim each have to pay NIS 1 million, Isracard must pay out NIS 250,000.
Ono Academic College is launching “Conversation Corner,” a series about the issues that the State of Israel will be grappling with the day after the war. Register for the first episode on January 17.
Time to buy apartments? Bank of Israel reduces interest rates by 0.25%: Small decrease, but could signify a trend reversal
The Bank's forecast places the interest rate at 3.75%-4.00% at the end of 2024, signaling a cautious approach to monetary policy.
"In honor of the CHAI ETF launch, we are proud to contribute to Magen David Adom for their amazing work," Defiance Investments Chairman Matthew Bielski told the Post.
BoI implemented first interest rate cut since March 2020 to stimulate economic growth.
The BOI offers temporary relief to borrowers, allowing them to increase their mortgage for debt relief or Merkhav Mugan (protected space) construction in old apartments.
The shekel-dollar rate has dropped below NIS 3.6, indicating the Israeli currency’s increasing strength — but it may be coming as a result of deeper issues.
Gafni blasts Yaron as ‘bad governor’
Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich agree on a second five-year term for Bank of Israel Governor Amir Yaron.