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Bank of Israel
Israeli banks benefit from successive interest rate hikes, garner unprecedented revenues
Aided by interest rate hikes, Israeli banks navigate global banking crisis and market challenges, delivering outstanding profits for shareholders and weathering divergent share trends
Dan Raban
|
05.23.23
Israel's interest rate increases for 10th time in a row
Against the backdrop of high inflation and the wave of price increases, the Bank of Israel raised the basic interest rate to 4.75%; The bottom line: a heavier mortgage burden, when the average repayment will increase by about NIS 1,150 per month (over $300)
Tzachi Sade
|
05.22.23
Bank of Israel warns judicial reform could cost Israeli economy tens of billions a year
Central bank says lose to economy could reach as high as NIS 47.6 billion ($13.3 billion) annually over the next three years, raises benchmark interest rate to 4.5% - its highest level since 2007
Gad Lior
|
04.03.23
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