Israel's Banking System - First Half of 2018

All Press Releases In Subject:
The Banking System

Summary of Banking System Developments: September 2018

In the first nine months of 2018, the banking system maintained its resilience and stability. During the period reviewed, the system’s return on equity increased to 9.7 percent, higher than the multiyear average of 8.9 percent[1]; credit portfolio quality remained high and the levels of capital and liquidity remained above the regulatory thresholds. In parallel, the banks continued progressing with the implementation of their multiyear plans to increase efficiency, in accordance with the guidelines of the Banking Supervision Department, as part of which they continued to develop and adopt new tools and technologies for improved service to customers and increased efficiency of internal processes. The Banking Supervision Department, for its part, continued to act to increase competition in the area of banking services to retail customers; to create a regulatory infrastructure that will allow the entry of new players, and to adopt innovative technologies (further details can be seen in Table 1).

The full Survey in PDF format​

[1] 2009–18 average.​

Inflation over the past year September, 2018 to September, 2019%0.3
Inflation target %3 - %1

Representative Exchange Rates

Latest Update: 16/10/2019
Currency (Unit) Rate Daily Change
Dollar 3.5360 0.655%
Pound 4.4847 0.957%
100 Yen 3.2535 0.342%
Euro 3.9002 0.728%
Nominal Effective Rate 0.622%