In the Deloitte Property Index of European residential housing markets, Tel Aviv replaced Paris as the costliest city to buy a square meter of apartment in 2022
Central bank chief instructs banks to fully pass on interest rates to deposit holders and come up with a plan to pay interest on the billions of shekels sitting in current accounts
Central bank lifts borrowing costs by 25 basis points, citing inflation above 5% and a tight labor market; sees signs of moderation in economic activity
Net profit surges 21.3%, prompting bank to raise dividend payout 10 percentage points to 40% of quarterly profit as it benefits from steady interest rate hikes over past year
Israeli bank to freeze mortgage rates for borrowers facing repayment difficulty as the Bank of Israel is expected to raise interest rates again on Monday
Recent comments