Bank of Israel
| Headquarters | Kiryat HaMemshala, Jerusalem |
|---|---|
| Established | 24 August 1954 |
| Ownership | Government of Israel (Ministry of Finance)[1] |
| Governor | Amir Yaron (2018-present) |
| Central bank of | Israel |
| Currency | Israeli new shekel ILS (ISO 4217) |
| Reserves | US$206 billion (about ₪664 billion) (March 2022)[2] |
| Bank rate | 4.5% (April 2023)[3] |
| Preceded by | Bank Leumi Le-Israel |
| Website | boi.org.il |
The Bank of Israel (Hebrew: בנק ישראל, Arabic: بنك إسرائيل) is the central bank of Israel. The bank's headquarters is located in Kiryat HaMemshala in Jerusalem with a branch office in Tel Aviv. The current governor is Amir Yaron.[4]
The primary objective of the Bank of Israel is to maintain stability in prices and the financial system in Israel.[5][6] It also administers and implements monetary policy in Israel,[7] conducts foreign exchange operations, supervises and regulates the banking system,[8] takes care of the foreign reserves[9] and operations of the financial market infrastructure. The Bank of Israel has, under Article 41 and 44 of its Statute, the exclusive right to issue Israeli Shekel banknotes and coins.[10]
- ^ Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
- ^ "Israel Adds Yuan to $206 Billion Reserves in 'Philosophy' Change". Bloomberg.com. 20 April 2022. Retrieved 21 April 2022.
- ^ Katz, Aharon (3 April 2023). "Bank of Israel hikes interest rate to 4.5%". en.globes.co.il.
- ^ 'Karnit Flug named Bank of Israel governor', OCTOBER 20, 2013
- ^ "תמיכה בפעילותם הסדירה וביציבותם של השווקים הפיננסיים" (in Hebrew). Retrieved 27 November 2018.
- ^ "חוק בנק ישראל, התש"ע-2010" (PDF) (in Hebrew). Retrieved 27 November 2018.
- ^ "ניהול המדיניות המוניטרית" (in Hebrew). Retrieved 27 November 2018.
- ^ "פיקוח והסדרה של מערכת הבנקאות" (in Hebrew). Retrieved 27 November 2018.
- ^ "החזקת יתרות מטבע החוץ של המדינה וניהולן" (in Hebrew). Retrieved 27 November 2018.
- ^ "הנפקת מטבע, והסדרת מערכת המזומנים במשק" (in Hebrew). Retrieved 27 November 2018.