The approval marks second time in three years that a new bank will be set up in Israel; plan is for digital bank to offer attractive interest rates and services without commissions

Central bank governor Amir Yaron says emergence of artificial intelligence technologies will lead to changes in labor market, and must be embraced

Central bank governor underlines need for investment in early childhood education and vulnerable populations to improve workforce

Monthly mortgage lending rises almost 24% from October, though still below peak of March 2022

Central bank governor sees need for higher borrowing costs than previously forecast to control inflation

Citing strong economic activity, increase in inflation, central bank lifts rate by 50 basis points to 3.25%

Bank of Israel notes decline of over 25% in home loan borrowing over past three months as prices appear to constrain borrowing

Israelis took out 20% less in mortgages from August to September, Bank of Israel figures show, bringing lending to lowest level in a year; interest rates expected to keep going up

Central bank chief says Israel's economy is strong, but suffers from range of challenges, including global slowdown, rising housing prices, and political uncertainty

Bank of Israel figures this week show lowest number of mortgage loans taken in July since September 2021, but average loan at NIS 1.08 million