On Friday, the Bank of Israel set the representative shekel-dollar rate 0.506% higher, at NIS 3.575/$.
Bank Yahav charges the lowest fees for transactional services, while Mizrahi-Tefahot charges the highest.
Nardi's appointment is subject to approval by the Bank of Israel, and the date of commencement of his term has not yet been determined.
The Bank of Israel set the representative shekel-dollar rate down 0.248% from Monday, at NIS 3.627/$.
The Bank of Israel left its benchmark interest rate unchanged at 4.5% in its 8th straight such decision
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.
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.
The central bank noted that the inflation rate looks to rise in the coming months before easing again in the next year.
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.
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.