Israel
Israel's Fischer: banking system still strong
In contrast to the health of the global banking system, Israel's lenders remain strong, Stanley Fischer, the governor of the Bank of Israel, said.
Interview: Stanley Fischer
Stanley Fischer, the governor of the Bank of Israel, tells CentralBanking.com about his work at the central bank, the impact of the crisis on central banking and why the International Monetary Fund is the right organisation to facilitate the reform of…
Israel's Banking System - Annual Survey 2007
In 2007, the net income of Israel's five major banking groups rose, despite losses on asset-backed securities, and capital-adequacy ratios reached a record-high of 11% by the end of the year, the Bank of Israel's annual survey of its domestic banking…
Bank of Israel - Annual Report 2007
The Bank of Israel's new law should provide a firm legal basis for the central bank's independence, said Stanley Fischer, the governor of the central bank in its latest Annual Report.
Ex-Fed's Volcker demands regulatory overhaul
Paul Volcker, a former chairman of the Federal Reserve, has urged regulators to enhance supervision on both a national and international level in the aftermath of the global turmoil.
Israel split on rate-hike vote
The Bank of Israel's rate-setting board was split on whether to lift rates in August.
Israel sends fresh batch of banknotes to Gaza
The Bank of Israel has delivered a new supply of banknotes to the Gaza Strip to avert a cash shortage, say local media reports.
Israel continues to hike despite inflation dip
The Bank of Israel will raise its benchmark rate to 4% in August in spite of signs price pressures are easing.
Israel's Fischer praises bank fees reform
A recent reform of bank fees will increase competition and lower the costs for customers, said Stanley Fischer, the governor of the Bank of Israel.
Rising fuel prices spur Israel's rate hike
Concern over rising fuel prices led Stanley Fischer, the governor of the Bank of Israel, to opt for a quarter-point rate rise at last month's meeting of the central bank's monetary policy committee.
CLS adds peso and shekel to settlement fold
CLS bank announced that it will settle payment instructions in the Mexican peso and Israeli shekel this week, bringing the number of currencies processed by the bank to 17.
Fischer wants financial supervision
The current turmoil shows that the involvement of the central bank in the supervision of financial institutions should be extended and enhanced, said Stanley Fischer, the governor of the Bank of Israel.
Hackers sabotage Bank of Israel website
Computer hackers forced the temporary closure of the Bank of Israel's website late last week.
Israel Economic Review - April 2008 edition
The Bank of Israel has published the latest edition of its Israel Economic Review, a twice-yearly journal covering a range of subjects relevant to the country's economy.
Israel puts plastic notes into circulation
The Bank of Israel on Sunday introduced its first polymer banknote.
Israeli rates hit record low with half-point cut
The Bank of Israel cut its base rate to a new low of 3.25% on Monday 24 March.
Cutting rates a mistake, says Israel's Fischer
Stanley Fischer, the governor of the Bank of Israel, has rebuffed calls to lower rates, saying inflation was too high to warrant a cut.
Israel holds rates at 4.25%
The Bank of Israel's rate-setting board voted on Monday to keep rates at 4.25%, despite concern over rising inflation.
No more law talk - Israel's Fischer
No more time should be wasted talking about the new Bank of Israel law, said Stanley Fischer, the governor of the central bank.
Israeli central bank set for greater independence
Israel's new central banking law will create a more independent institution, said Stanley Fischer, the governor of the Bank of Israel.
Israel's Fischer notes importance of Basel II
The adoption of the Basel II principles of capital management is one of the largest and most important tasks confronting the Israeli banking system, says Stanley Fischer, the governor of the Bank of Israel.
Fischer outlines Israel's economic agenda
The objective of the Bank of Israel's economic agenda should be rapid and sustained growth, Stanley Fischer, the governor of the central bank, said.
Israel holds rates at 4%
The Bank of Israel's rate-setting board voted on Monday to keep rates at 4% for the third consecutive month.
Palestine Monetary Authority governor resigns
George Abed, the governor of the Palestine Monetary Authority (PMA), resigned on Sunday after a controversial term during which the country's economy came under heavy pressure.