The "Yuval Fund," in honor of fallen IDF reserves Captain Yuval Silber, who was killed in action in November 2023, has provided over $4 million to reservists in loans, the organization said.
Despite a slight decrease compared to the previous quarter, the bank demonstrated solid financial performance and strong credit growth across all operational segments.
"Despite criticisms, Moody’s analysis of Israel's fiscal health is overly pessimistic."
The red flags are best avoided. Cooperation with bank questions is more likely to free up your money than suing the bank.
Fitch Ratings downgraded Israel’s credit rating from A+ to A, citing heightened geopolitical risks and the ongoing Israel-Hamas conflict.
The New Israeli Shekel levels show that the currency has suffered its worst daily decline since the October 7 massacre.
The excess devaluation of the Shekel is still rising, according to the report, and stands at around 25% of what would have been expected before the announcement of the judicial reform.
Netanyahu and economic officials discuss Israel's 2025 budget amid fiscal challenges from ongoing conflict, aiming for parliamentary approval by year-end amidst rising deficit concerns.
It has been a very good period for wealth in Israel: the average wealth in shekels increased by 142%, and the median by no less than 220%.
The Bank of Israel plans to improve its payment system with a digital shekel, but it is waiting for other advanced economies to launch digital currencies.
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