Bank of Israel launches targeted lending operations

The Bank of Israel
David Vaaknin

The Bank of Israel has launched a programme of targeted loans for banks as part of a new package of measures designed to tackle the economic impact of Covid-19.

In a move reminiscent of the European Central Bank’s targeted longer-term refinancing operations, the Bank of Israel offered banks cheap loans for three years, provided they expand credit to small and micro businesses.

The Bank of Israel’s monetary committee also chose to cut the policy rate 15 basis points, to 0.1%. The central bank

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.

To continue reading...

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: