Bank of Israel

David Vaaknin
Brief History

Established on 1 December 1954 as the central bank under Bank of Israel Law 1954. A new law was adopted by Parliament in March and came into effect in June 2010. The main objectives of the Bank are listed and prioritised in the Law: to maintain price stability; to support other objectives of the Government's economic policy, especially growth, employment, and reducing social gaps; and supporting the stability of the financial system.


Amir Yaron
T: +972 2 655 2701 F: +972 2 666

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