October 23, 2016 2:43 PM ET

Diversified Financial Services

Company Overview of Bank of Israel

Company Overview

Bank of Israel operates as the central bank of Israel. It engages in regulating and directing monetary policy; providing economic advice to the government; monitoring and assessing foreign currency market, and managing the foreign exchange reserves; monitoring and analyzing foreign exchange activities; and promoting financial stability. The company also operates as a banker of the government and banks; represents Israel in international institutions; and involves in banking supervision and currency issue activities. Bank of Israel was founded in 1954 and is based in Jerusalem, Israel with a branch in Tel Aviv.

Bank of Israel Street

PO Box 780

Jerusalem,  91007


Founded in 1954


972 2 655 2211


972 2 652 8805

Key Executives for Bank of Israel

Director General and Chairman of Search Committee
General Counsel, Director of Legal Department and Member of Management Board
Deputy Governor
Deputy Governor
Compensation as of Fiscal Year 2016.

Bank of Israel Key Developments

Bank of Israel Announces Executive Changes

Bank of Israel announced the appointment of Dr. Sigal Ribon, head of the Current Monetary Analysis Unit in the Monetary Policy Division, to head the Monetary Policy Division in the Research Department. Dr. Ribon will replace Dr. Edward (Akiva) Offenbacher, who is being appointed Senior Advisor for International Research Relations in the Research Department. Since 2008, Dr. Sigal Ribon has served as head of the Current Monetary Analysis Unit in the Research Department.

Bank of Israel Presents at Capital Markets Conference 2016, Jun-07-2016 11:30 AM

Bank of Israel Presents at Capital Markets Conference 2016, Jun-07-2016 11:30 AM. Venue: David InterContinental Hotel, Tel Aviv, Israel. Speakers: Hedva Ber, Supervisor of Banks.

The Bank of Israel Announces Earnings Results for 2015

The Bank of Israel announced earnings results for 2015. For the year, the company posted an ILS 8.1 billion loss compared with a ILS 1.1 billion loss in 2014. Shekel appreciation-caused currency differences for foreign currency-denominated reserves, mainly the euro, cost the Bank of Israel ILS 10 billion, partly offset by ILS 2.9 billion in income from sales of foreign currency.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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