Bank of Israel

ISRAEL-New government's first steps-Klein speech

SPEECH - David Klein, governor of the Bank of Israel, gave a speech on Mar 23, 2001 titled "Economic Policy: The New Government's First Steps". He warns the new government to take heed from lessons from the past and not to expect too much from monetary…

Israeli firms raised $4.3 billion abroad in 2000

Israeli companies raised a record $4.3 billion in offerings abroad in 2000, up from $3.4 billion in 1999, and Europe has become a strong alternative to Nasdaq and Tel Aviv, the Bank of Israel said on Feb 27, 2001.

Israeli finance min slams cbank profits policy

Israeli Finance Minister Avraham Shochat on Feb 20 accused the Bank of Israel of making changes in the system it uses to calculate profits, depriving the government of billions of shekels in revenues.

Israel cbank warns employee unrest disrupt policy

The Bank of Israel cautioned on Feb 13, 2001 that continued labour unrest at the central bank could disrupt monetary policy. The discount rate is maintained through regularly scheduled auctions in which the central bank sells or buys money. If these…

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