Bank of Israel

Israel's central bank

The Bank of Israel building in Jerusalem
Bank of Israel cuts benchmark interest rate to 0.1%

In addition to lowering the interest rate, the bank said it would also provide monetary loans to banks for a term of three years, with a fixed interest rate of 0.1%.

06/04/2020
A man enters the main branch of Bank Hapoalim, Israel's biggest bank, in Tel Aviv, Israel July 18, 2
Explainer: Need to defer your mortgage payment?

Among the most notable measures announced by the central bank is the option for existing customers to defer mortgage payments for up to four months.

By JERUSALEM POST STAFF
22/03/2020
Businesses urge Bank of Israel to buy corporate bonds, stocks

Businesses say the Bank of Israel must start intervening to alleviate a liquidity crisis stemming from the coronavirus outbreak.

By REUTERS
18/03/2020
Bank of Israel aims to ease household, business cash constraints

"At this time, our role at the Bank of Israel is to help achieve the correct balance in the financial system," said Bank of Israel Governor Prof. Amir Yaron.

15/03/2020
Bank of Jerusalem CEO: “There are 1.7 billion citizens in the world without a bank account"

Gil Topaz explains in an interview to the Jerusalem Post what our banking will look like in the year 2030, and how we, as consumers, will benefit from technological and regulatory developments

Bank of Israel names industry veteran Avidan as new banking regulator

Avidan has worked in the Israeli banking system for over 30 years

By REUTERS
03/03/2020
Many people around the world have never seen a bank branch yet manage their financial world simply

A vision of the near future of banking as seen from the perspective of the offices of the head of the Bank of Israel.

Bank of Israel holds interest rate, warns of coronavirus uncertainty

The outbreak of the coronavirus, the bank said, is casting uncertainty over a range of areas, including future economic activity both in Israel and abroad.

24/02/2020
An Israeli flag flutters outside the Bank of Israel building in Jerusalem August 7, 2013
Government approves new Bank of Israel deputy governor

The position of deputy governor was left vacant for almost an entire year, since Dr. Nadine Baudot-Trajtenberg concluded a five-year term on February 28, 2019.

09/02/2020
money
Israel's first digital bank targets mid-2021 launch

The project will begin the coming weeks, the bank said, involving hundreds of software programmers and developers in Israel and abroad.

26/01/2020
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