Bank of Israel

Israel's central bank

Shekel sharply weakens as markets tumble

On Friday, the Bank of Israel set the representative shekel-dollar rate 0.506% higher, at NIS 3.575/$.

By GLOBES/TNS
28/01/2025

Bank Yahav offers cheapest account fees, Bank of Israel finds

Bank Yahav charges the lowest fees for transactional services, while Mizrahi-Tefahot charges the highest.

 Barak Nardi

Mercantile Bank introduces Barak Nardi as new CEO

Nardi's appointment is subject to approval by the Bank of Israel, and the date of commencement of his term has not yet been determined.

Shekel weakens sharply against US dollar

The Bank of Israel set the representative shekel-dollar rate down 0.248% from Monday, at NIS 3.627/$.

By GLOBES/TNS
09/01/2025

Israel's economy improving but uncertainty remains high - Central Bank Gov.

The Bank of Israel left its benchmark interest rate unchanged at 4.5% in its 8th straight such decision

06/01/2025
A shop opens at Agripas street in Jerusalem next to the Machane Yehuda market

Freelancers ask central bank to cut interest rate, help businesses near bankruptcy

The forum emphasized that a rate cut could help mitigate some of the increased costs that freelancers and business owners are expected to face in 2025.

05/01/2025

Majority of complaints about Israeli public service justified

The report examined some of the nearly 35,000 complaints made to the office between January 2019 and March 2024 – around 30% of which were about service to the public.

26/11/2024

Bank of Israel holds rates as war fuels inflation but weighs on growth

The central bank noted that the inflation rate looks to rise in the coming months before easing again in the next year.

By REUTERS
25/11/2024

Bank of Israel enforces sanctions and public shaming to improve compliance

Regulatory shaming by the Bank of Israel is a step in the right direction. We can only hope it will lead to real improvement in the conduct of the banks.

By RUTH PLATO-SHINAR
01/11/2024

Economic Crisis? The mortgage market in September – activity over the past two years

Bank of Israel data shows mortgages totaling NIS 8.53 billion were taken in September, the second-highest in two years, with a noted drop in contractor loan volumes compared to previous months.

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