Israel

PMA's Alwazir: reform agenda continues

The recent escalation of the conflict with Israel wreaked havoc on Gaza's banking sector. But the Palestine Monetary Authority (PMA) has ploughed on with its reform efforts

Interview: Stanley Fischer

Stanley Fischer, the governor of the Bank of Israel, tells CentralBanking.com about his work at the central bank, the impact of the crisis on central banking and why the International Monetary Fund is the right organisation to facilitate the reform of…

Israel's Banking System - Annual Survey 2007

In 2007, the net income of Israel's five major banking groups rose, despite losses on asset-backed securities, and capital-adequacy ratios reached a record-high of 11% by the end of the year, the Bank of Israel's annual survey of its domestic banking…

Bank of Israel - Annual Report 2007

The Bank of Israel's new law should provide a firm legal basis for the central bank's independence, said Stanley Fischer, the governor of the central bank in its latest Annual Report.

CLS adds peso and shekel to settlement fold

CLS bank announced that it will settle payment instructions in the Mexican peso and Israeli shekel this week, bringing the number of currencies processed by the bank to 17.

Fischer wants financial supervision

The current turmoil shows that the involvement of the central bank in the supervision of financial institutions should be extended and enhanced, said Stanley Fischer, the governor of the Bank of Israel.

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