Bank of Israel
Israel against the current
While the world talks about interest rate hikes, Israel returns to rate cuts
Shekel gains sharply despite interest rate cut
Bank of Israel cuts interest rates, inflation stable despite Iran war
Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines
Bank Leumi concludes first quarter of 2024 with net income of approximately NIS 2.8 billion
Leumi continues to focus on growing its corporate, commercial, and mortgage credit portfolios.
Bank of Israel keeps interest rate at 4.5%, amid background of war
It reiterated that the interest rate path will be determined by future inflation, and continued stability in the financial markets, economic activity, and fiscal policy.
Tel Aviv Stock Exchange to align trading week with global bourses
The announcement comes as shares have recovered from the October 7 Hamas attack on Israel that pushed the broad Tel Aviv 125 index.
IDF, Defense Ministry deposit NIS 29 million worth of terror funds to Bank of Israel
The funds were acquired throughout the war by the Plunder Seizure Unit of the Technology and Logistics Branch.
Israel's deficit grows, BOI leaves interest rate unchanged as geopolitical uncertainty increases
The deficit in March was NIS 15 billion compared to NIS 2.7 billion measured last march, according to the Finance Ministry.
War hurt Israeli economy 'on many levels' - Bank of Israel report
2023 presented an obstacle for the Israeli economy, with the contentious judicial overhaul crisis and ongoing Israel-Hamas war sparking questions of resilience.
Startup Nation? Israel's construction industry struggles to innovate
Bank of Israel report highlights Israel's 54% lower investment in construction innovation compared to OECD average. Accessibility of cheap labor hinders innovation.
Discount Bank's 2023 profits rose 19.9% to NIS 4.2 billion
This profit represents a 15.7% return on equity. In Q4 2023, Discount Bank made NIS 919 million.
The Bank of Israel: Interest rate stands unchanged at 4.5%
Amir Yaron of the Bank of Israel extends public relief and calls for a committee to devise a multi-year defense budget plan due to economic challenges
Bank of Israel keeps rates steady due to Gaza war uncertainty
"It has been four difficult months for Israel," Bank of Israel Governor Amir Yaron told a press conference. "Beyond security issues, the war brings with it marked economic
