Bank of Israel

Without visiting a branch: Deferred checks can be deposited via app

The Bank of Israel is launching a new service expected to save time and costs: depositing post-dated checks directly from mobile phones.

"Checks continue to be a significant payment method in the Israeli economy, totaling hundreds of billions of shekels a year."
Foreign Workers.

NIS 450 Million per month: The black-money pipeline under banks’ noses

Amir Yaron, Governor of the Bank of Israel.

'Taxes will need to be raised': Bank of Israel Governor's bad news following rate cut

Bank of Israel Governor Professor Amir Yaron speaks at the Knesset; illustrative.

Third consecutive cut: Bank of Israel lowers interest rates to 3.25%, following economic review


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.

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

The State of Israel sits at the center of the geopolitical turbulence, yet precisely at this juncture many of its macro indicators look better than those of quite a few countries far removed from it.

Matan Shitrit, Chief Economist at Phoenix Financial

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

The Bank of Israel Monetary Committee, headed by Amir Yaron, announced that the national interest rate will be lowered once again to 3.5% as inflation declines and the shekel remains strong.

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

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

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

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.

Israeli real estate – construction site.

Israel against the current

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

Matan Shitrit, Chief Economist at Phoenix Financial

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

A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking

Bank of Israel cuts interest rates, inflation stable despite Iran war

Exporters have called on the Bank of Israel to lower rates or intervene in the foreign exchange market.

 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.

Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines

Avraham Novogrocki, president of Israel’s Manufacturers’ Association, which represents some 1,500 firms and 400,000 workers, said the strong shekel posed a risk to the economy.

Israeli shekel

Bank of Israel keeps rate unchanged, cuts growth forecast

Ministry of Finance director general Ilan Rom also announced his resignation following the passage of the 2026 state budget by the Knesset

Israeli shekel