Bank of Israel report highlights Israel's 54% lower investment in construction innovation compared to OECD average. Accessibility of cheap labor hinders innovation.
This profit represents a 15.7% return on equity. In Q4 2023, Discount Bank made NIS 919 million.
Amir Yaron of the Bank of Israel extends public relief and calls for a committee to devise a multi-year defense budget plan due to economic challenges
"It has been four difficult months for Israel," Bank of Israel Governor Amir Yaron told a press conference. "Beyond security issues, the war brings with it marked economic
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.
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