In accordance with the Credit Data Law, 5776-2016 (in Hebrew), the Bank of Israel is acting to establish and operate a system for the sharing of credit data in Israel, which includes a Central Credit Register (CCR).
The CCR will help increase competition in the retail credit market, expand access to credit, enable an expansion of the information available to credit providers wishing to evaluate a customer’s credit risk level, and constitute an anonymous information base that will serve the Bank of Israel in carrying out its functions, including for macroeconomic research purposes and for the development of effective policy tools.
The Bank of Israel will act in conjunction with the Ministries of Justice and Finance to regulate the market by promulgating regulations, publishing directives, formulating the licensing processes, and supervision.
Circular- Central Credit Register (in Hebrew)
Temporary Order- Maintaining information in order to provide it to the Central Credit Register (in Hebrew)