Bank of Israel

Israel's central bank

Bank of Israel worried looser fiscal policy may prevent inflation easing

Prime Minister Benjamin Netanyahu has promised hefty state spending that includes higher subsidies to coalition partners.

By REUTERS
16/01/2023

Bank of Israel interest rate increases by an additional 0.5%

A further increase in the interest rate may reduce the effects of inflation, but it will have a negative impact on the recipients of loans and mortgages.

Bank of Israel to raise interest rate for the sixth time since April

To combat the ever-rising rate of inflation — which was last recorded at 5.1% as of October — the Bank of Israel will raise its interest rate on Monday.

Which banks will give you more for your money?

Which bank gives more for a short-term deposit, which pays the best for a one-year deposit, and where will our money really increase in value if we lock it in an account for five years?

By Walla!
08/11/2022

Bank of Israel supports separation of credit card company Visa Cal

Contrary to Bank Discount's position, the Bank of Israel supports its separation from credit card company Visa Cal.

By YEHUDA SHARONI/MAARIV
26/10/2022

Israel's interest rate has increased. What does it mean?

The Bank of Israel interest rate will jump to 2.75% per year and the basic bank interest rate to 4.25%. Average mortgage repayments will increase by about NIS 200 per month.

By YEHUDA SHARONI/MAARIV
16/10/2022

Israel's central bank chief says it's 'unlikely' country will see recession

Bank of Israel economists forecast 4.6% inflation in 2022 and moving to 2.5% in 2023.

By REUTERS
06/10/2022

Which is the cheapest bank in Israel when it comes to transaction fees?

Bank of Israel data revealed that Mizrahi Tefahot charges the highest commission for transactions through a teller.

By YEHUDA SHARONI/MAARIV
16/09/2022

14 Days: Schools reopen

Israeli news highlights from the past two weeks.

09/09/2022

Amid interest rate increase: Mortgage returns, overdraft spike by hundreds

Bank of Israel's 0.75% interest rate increase is the highest in the last 20 years. Here's what it means and why it's facing backlash.

By YEHUDA SHARONI/MAARIV
31/08/2022
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