Bank of Israel

Bank of Israel reveals new data on Israel’s mortgage market

|ByYEHUDA SHARONI/MAARIV
“Israel’s housing market is slowing, yet mortgage volumes are rising due to delayed payments and higher financing needs.”
Israeli real estate – construction site.

Inflation and housing prices show continued declines in Israel

Housing prices declined 1.3% over the past year, oil prices fell following the Iran agreement, and the dollar recovered after an early drop.

|ByYEHUDA SHARONI/MAARIV
Matan Shitrit, Chief Economist at Phoenix Financial

Israel against the current

While the world talks about interest rate hikes, Israel returns to rate cuts

|ByMATAN SHITRIT, IN COLLABORATION WITH PHOENIX FINANCIAL
A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking

Shekel gains sharply despite interest rate cut

The Iran war led to a 3.3% contraction in GDP (on an annualized basis) in the first quarter

|ByEITAN GERSTENFELD/GLOBES/TNS

Bank of Israel holds key interest rate steady

Gafni blasts Yaron as ‘bad governor’

NOVEMBER 27, 2023ByREUTERS
Bank of Israel

Netanyahu, Smotrich extend term for Bank of Israel Governor Amir Yaron

Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich agree on a second five-year term for Bank of Israel Governor Amir Yaron.

NOVEMBER 20, 2023ByREUTERS
Bank of Israel Governor Prof. Amir Yaron presents the central bank’s Annual Report for 2020 to Prime Minister Benjamin Netanyahu on April 6.

Bank of Israel warns wartime changes to 2023 budget can harm economy

The Bank of Israel's research department analyzed the proposed amendments to the 2023 budget and warned that some elements of the changes could damage Israel's economic standing.

NOVEMBER 15, 2023ByARIELLA MARSDEN
Bank of Israel

The war from an economic perspective - opinion

The current circumstances make it impossible to carry on business as usual on the economic front.

NOVEMBER 2, 2023ByKARNIT FLUG, JACOB FRENKEL
FINANCE MINISTER Bezalel Smotrich attends a discussion on the state budget, at the Knesset Finance Committee, in July. The state budget for 2024 and the next few years must be fundamentally redrafted, say the writers.

Bank of Israel works to stabilize markets, push to delay loan repayments

The Bank’s central concern at present is the depreciation of the shekel as an inflationary risk.

OCTOBER 17, 2023ByZACHY HENNESSEY
Bank of Israel

'Just lower interest rate,' Israeli lawmaker tells cbank amid conflict

Under the plan, loan payments of mortgages, consumer credit and business credit would be deferred without charging interest and without charging fees.

OCTOBER 16, 2023ByREUTERS
BANK OF Israel headquarters in Jerusalem: Israel’s favorable environment for economic development has been accompanied by an impressive improvement in the country’s credit rating, say the writers.

October looks as if it will be challenging for the Israeli economy

ECONOMIC AFFAIRS: Besides inflation, the shekel-US dollar rate will also impact the interest rate decision.

SEPTEMBER 29, 2023ByAHARON KATZ/GLOBES/TNS
BANK OF ISRAEL Governor Amir Yaron attends a meeting at the Knesset, in July.

Amid Israel turmoil, markets want continuity at central bank helm

Yaron's five-year term ends at the end of 2023 and he has been tight-lipped on his plans.

SEPTEMBER 21, 2023ByREUTERS
Bank of Israel Governor Amir Yaron.

Israel central bank says digital shekel launch an 'open question'

Israel's central bank has been experimenting with a digital shekel with its Hong Kong counterpart and the Bank for International Settlements.

SEPTEMBER 12, 2023ByREUTERS
Israel develops new 'bitcoin' currency (Illustrative)

Bank of Israel chief, Netanyahu to decide on 2nd governor term in October

The issue of whether Bank of Israel Governor Amir Yaron will seek, or be reappointed for a second term, has loomed over financial markets for months.

SEPTEMBER 10, 2023ByREUTERS
Amir Yaron (L) delivers a report to Benjamin Netanyahu (R)