Bank of Israel

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.
Matan Shitrit, Chief Economist at Phoenix Financial

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

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

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

“Israel’s housing market is slowing, yet mortgage volumes are rising due to delayed payments and higher financing needs.”

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


Bank Yahav leads with lowest fees for account services, Bank of Israel report reveals

Bank Yahav charges the lowest fees for transactional services, while Mizrahi-Tefahot charges the highest.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Mercantile Bank introduces Barak Nardi as new CEO

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.

 Barak Nardi

Shekel weakens sharply against US dollar

The Bank of Israel set the representative shekel-dollar rate down 0.248% from Monday, at NIS 3.627/$.

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

Israel's economy improving but uncertainty remains high - Central Bank Gov.

The Bank of Israel left its benchmark interest rate unchanged at 4.5% in its 8th straight such decision

 BANK OF Israel Governor Amir Yaron speaks at a news conference in Jerusalem last month. The regulatory shaming announced by the central bank this week is a step in the right direction, the writer maintains.

Freelancers ask central bank to cut interest rate, help businesses near bankruptcy

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.

A shop opens at Agripas street in Jerusalem next to the Machane Yehuda market

Majority of complaints about Israeli public service justified – comptroller

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.

 STATE COMPTROLLER Matanyahu Englman condemned the assignment of female cadets in the IDF officers’ course to guard terrorists who committed violent acts of sexual assault and murder on October 7, the writer notes.

Bank of Israel holds rates as war fuels inflation but weighs on growth

The central bank noted that the inflation rate looks to rise in the coming months before easing again in the next year.

 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.

Bank of Israel enforces sanctions and public shaming to improve compliance - opinion

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 Governor Amir Yaron speaks at a news conference in Jerusalem last month. The regulatory shaming announced by the central bank this week is a step in the right direction, the writer maintains.

Economic Crisis? The mortgage market in September – activity over the past two years

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.


GDP growth at 0.3%, consumer confidence down from last year - CBS

The economy was supported by gains in consumer and state spending and in investment in fixed assets, while exports fell.

 The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.