Bank of Israel

Bank of Israel holds interest rates steady a week before election

The annual inflation rate edged up to 1.6% in September - well within the bank's 1% to 3% target range - from 1.5% in August.

Bank of Israel.
NIS 200 banknotes.

Will the NIS 200 banknote be canceled?

Bank of Israel Governor Professor Amir Yaron speaks at the Knesset; illustrative.

Israel's next government faces heavy debt, high defense costs

Bank of Israel.

'In a year, we will be in a whole new world': Bank of Israel official's forecast


The number left out of the CPI, but weighing on almost every household

A Taub Center study shows the Consumer Price Index does not fully reflect the cost of living. The interest on mortgages and credit burdens households, yet is excluded from the calculation.

Credit card payment.

Israeli banks could be hit: Major concern over European sanctions

Boycott measures could harm 18,000 West Bank Palestinian workers. Banks and institutions operating indirectly beyond Green Line face risks.

Discount, Leumi, and Hapoalim – Israeli Banks.

No. 32: Amir Yaron and Michal Abadi-Boiangiu: Economic policymakers leading Israel toward recovery

Yaron has guided Israel’s economy through the upheaval of the war and into recovery, while Abadi-Boiangiu sits at a key chokepoint in how the state spends its money.

(L-R): Amir Yaron and Michal Abadi-Boiangiu

Without visiting a branch: Deferred checks can be deposited via app

The Bank of Israel is launching a new service expected to save time and costs: depositing post-dated checks directly from mobile phones.

"Checks continue to be a significant payment method in the Israeli economy, totaling hundreds of billions of shekels a year."

NIS 450 Million per month: The black-money pipeline under banks’ noses

Undocumented workers transfer millions abroad as state loses tax revenue. Sector officials accuse banks of profiting off the illegal practice.

Foreign Workers.

'Taxes will need to be raised': Bank of Israel Governor's bad news following rate cut

Bank of Israel Governor warns taxes must rise after rate cut; market reacts with gains on Tel Aviv Stock Exchange while business sector backs decision.

Amir Yaron, Governor of the Bank of Israel.

Third consecutive cut: Bank of Israel lowers interest rates to 3.25%, following economic review

The Bank of Israel's Monetary Committee lowered the interest rate on Tuesday. The rate was previously lowered in July, when the BoI decided to cut the rate from 3.75% to 3.5%.

Bank of Israel Governor Professor Amir Yaron speaks at the Knesset; illustrative.

Financial education program for soldiers in need launched by IDF, Bank of Israel, nonprofits

The program aims to ease the burden of financial difficulties and debt as young men and women transition from military service into the workforce.

Governor of the Bank of Israel Prof. Amir Yaron with members of the IDF Manpower Directorate launching the consumer and financial guidance program for IDF soldiers in need, August 12, 2026.

Israel in the eye of the storm — But the economy tells a different story

The State of Israel sits at the center of the geopolitical turbulence, yet precisely at this juncture many of its macro indicators look better than those of quite a few countries far removed from it.

Matan Shitrit, Chief Economist at Phoenix Financial

Bank of Israel lowers interest rate to 3.5% in response to strong shekel, halt in war with Iran

The Bank of Israel Monetary Committee, headed by Amir Yaron, announced that the national interest rate will be lowered once again to 3.5% as inflation declines and the shekel remains strong.

  New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.