‘Taxes will need to be raised’: Bank of Israel Governor’s warning after rate cut
The Monetary Committee of the Bank of Israel, headed by Governor Prof. Amir Yaron, has announced a 0.25%…
Staving Off Crisis, Israeli Banks Reach Agreement to Keep Working With Palestinian Counterparts Through 2026
Israel’s next government will need to find a solution that will allow Israeli banks to continue working with…
Bank of Israel cuts rates for second time in Q3, cites inflation, GDP growth
The Bank of Israel (BoI)’s Monetary Committee cut the interest rate by 0.25% to 3.25% on Tuesday. This…
Bank of Israel, IDF launch financial education program for soldiers in need
IDF soldiers facing financial difficulties will receive personal financial guidance as part of a joint initiative by the…
Vienna police: Missing Israeli mother and daughter left country of their own volition
Vienna’s police department said Friday that an Israeli mother and daughter who disappeared in the Austrian capital a…
Israel’s Largest Bank Will Give Bitcoin Trading Another Try
Bank Leumi and Galaxy Digital said Thursday they’ll bring cryptocurrency trading to Israel’s largest bank through its digital…
Bank of Jerusalem stock erratic amid rumors over employee’s disappearance in Vienna
The Bank of Jerusalem’s stock swung erratically on Thursday, suffering sharp drops followed by partial recoveries, amid rampant…
Israel in the eye of the storm — But the economy tells a different story
While the shock originating in the Middle East is pushing many economies worldwide toward higher inflation, higher interest…
Central bank trims borrowing costs to 2022 low, sees room for further rate cuts
The Bank of Israel on Monday decided to lower interest rates, following the US deal with Iran, eased…
Bank of Israel lowers interest rate by half a point, now sitting at 3.5%
The Bank of Israel Monetary Committee lowered the national interest rate to 3.50% from 3.75%, the bank announced…
Strong shekel makes Israeli tech workers pricier than their US counterparts, study shows
Israeli tech developers have become more expensive than their US counterparts for the first time in many years,…
Israel rolls out NIS 1.6 billion aid plan for tech sector hit by rapid shekel surge
Finance Minister Bezalel Smotrich on Tuesday presented a NIS 1.6 billion ($537 million) assistance package intended to help…