Bank of Israel​

The Banking Supervision Department at the Bank of Israel and the Israel Police place great importance on preventing the defrauding of customers through digital means. In recent years, extensive public information activities have been held as part of "Digital Fraud Awareness Week" to help the public identify common types of digital fraud and acquire tools to avoid them.

The 2024 Banking Supervision Department Conference on Financial Fraud is taking place today. The following are the full remarks by the Supervisor of Banks at the conference

Israel’s foreign exchange reserves at the end of November 2024 stood at $217,100 million, an increase of $1,026 million from their level at the end of the previous month.

Minister of Finance Betzalel Smotrich and Bank of Israel Governor Prof. Amir Yaron today announced the establishment of a professional interministerial team to increase competition in the banking system and in credit to small businesses and households. The team will be led by the Supervisor of Banks and the Head of the Budget Department at the Ministry of Finance. The team will focus on easing the barriers that are preventing the entry of new participants to the banking system or the development of new areas of activity by existing participants.