Bank of Israel balance sheet

The Bank of Israel publishes a monthly statement giving the composition and value of the Bank’s assets and liabilities for the end of the previous month. Section 75 of the Bank of Israel law obliges the Bank to draw up and publish an annual balance sheet and profit-and-loss account within three months from the end of the Bank’s business year on 31 December.

The functions of the Bank as determined by the Knesset (Israel’s parliament) which have a significant financial effect on the financial statements are conducting monetary policy, managing the foreign reserves, and providing banking services to the government.