Bank of Israel grants first banking licence in 43 years

David Vaaknin

The Bank of Israel approved today (January 10) the country’s first new banking licence in 43 years, said the institution.

One Zero Digital Bank will therefore become the first digital bank in the Israeli economy. The central bank thinks this is a new step to boost innovation and competition in the financial sector, said governor Amir Yaron.

One Zero is controlled by Amnon Shashua. The new entity is managed by CEO Gal Bar and chairman Yehoshua Shuki Oren.

The central bank first awarded a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: