Bank of Israel
Israel sees no progress on central bank reform
ISRAEL - The Bank of Israel said Thursday that no significant progress had been made in reaching a compromise on the Finance Ministry's plan to amend the law governing the central bank.
Israel approves Bill to redefine c bank powers
ISRAEL - Israeli ministers have approved a bill that would redefine the Bank of Israel's powers, but allowed the finance ministry and central bank time to propose changes to the bill to resolve continuing disagreements.
Klein defends rate rise, attacks gov't policy
ISRAEL - Bank of Israel Governor David Klein Friday vigorously defended his recent rate hike and accused the government of having little interest in running the economy, reports Dow Jones.
Bk of Israel say lawmakers try to politicise them
ISRAEL - Bank of Israel Governor David Klein accused legislators Thursday of trying to politicise the central bank with a bill that would water down his authority in setting interest rates.
Speech by David Klein of Israel's central bank
SPEECH - Prepared by David Klein, Governor of the Bank of Israel For the Euro Conference, Tel Aviv, 4 September.
Speech by David Klein governor of Bank of Israel
SPEECH - Speech prepared by David Klein, Governor of the Bank of Israel for A Government Discussion, 5 August.
The framework of Israel's economic policy for 2002
SPEECH - David Klein, Governor of the Bank of Israel, to The Financial Forum, Tel-Aviv, 11 July.
Sharon backs Klein and an independent Central Bank
ISRAEL - Prime Minister Ariel Sharon has published a statement on 9 July expressing support for maintaining the independence of the Bank of Israel and for Governor David Klein, Ha'aretz reports.
Bank of Israel displeased with monetary panel plan
ISRAEL - The Bank of Israel is "not very happy" about government plans to appoint a monetary council to set interest rates, which would end Governor David Klein's position as sole policy maker, a central bank source said.
Israel central bank head urges more market change
ISRAEL - Bank of Israel Governor David Klein urged the government on 17 May to resume the process of making structural changes in Israel's financial markets so that the country could better compete in the global economy.
Klein to hold talks with Israel's prime minister
ISRAEL - David Klein, governor of the Central Bank of Israel is to meet with Ariel Sharon, the prime minister of Israel, in the next few days in an attempt to resolve the dispute which led Mr Klein to shelve a cut in interest rates at the end of April.
Bank of Israel strike postpones interest rate cut
ISRAEL - In an unprecedented move, the Bank of Israel said on Apr 22 that it would delay its May interest rate decision because an internal labour dispute has disrupted the flow of key statistical information and analsyis.
ISRAEL-New government's first steps-Klein speech
SPEECH - David Klein, governor of the Bank of Israel, gave a speech on Mar 23, 2001 titled "Economic Policy: The New Government's First Steps". He warns the new government to take heed from lessons from the past and not to expect too much from monetary…
Bank of Israel cuts April lending rate to 7.2%
ISRAEL - The Bank of Israel said on Mar 26, 2001 it was lowering its key lending rate to 7.2 percent in April 2001 from 7.5 percent in March, fractionally above market expectations of a 0.2 percentage point cut.
Israeli firms raised $4.3 billion abroad in 2000
Israeli companies raised a record $4.3 billion in offerings abroad in 2000, up from $3.4 billion in 1999, and Europe has become a strong alternative to Nasdaq and Tel Aviv, the Bank of Israel said on Feb 27, 2001.
Bank of Israel cuts lending rate by 0.2 pct point
The Bank of Israel said on Feb 26, 2001 it was lowering its key lending rate by 0.2 percentage points to 7.5 percent, its eighth straight monthly reduction and the 14th in the past 16 months.
Israeli finance min slams cbank profits policy
Israeli Finance Minister Avraham Shochat on Feb 20 accused the Bank of Israel of making changes in the system it uses to calculate profits, depriving the government of billions of shekels in revenues.
Israel cbank warns employee unrest disrupt policy
The Bank of Israel cautioned on Feb 13, 2001 that continued labour unrest at the central bank could disrupt monetary policy. The discount rate is maintained through regularly scheduled auctions in which the central bank sells or buys money. If these…
Bank of Israel- No need to import hi-tech workers
The Bank of Israel said yesterday it objects to bringing engineers and software technicians from India to Israel in attempt to fill the shortage in skilled workers in the hi-tech industry.