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ISRAEL AT WAR - DAY 472

Israel banks

Illustration: Israelis withdraw money from Bank Hapoalim cash machines. (Yonatan Sindel/Flash90)
Inside Story
More than a third of Israeli households spend more than they earn, as living costs rise
By Sharon Wrobel
Around 2.5 million Israelis are overdrawing their accounts, struggling to make ends meet, while banks reap record profits from extending credit lines and charging high interest
Illustration: Israelis withdraw money from Bank Hapoalim cash machines. (Yonatan Sindel/Flash90)
January 14, 2025, 10:01 pm
More than a third of Israeli households spend more than they earn, as living costs rise
Around 2.5 million Israelis are overdrawing their accounts, struggling to make ends meet, while banks reap record profits from extending credit lines and charging high interest
By Sharon Wrobel
Bank of Israel Governor Amir Yaron speaks at a conference in Tel Aviv on November 27, 2024. (BOI spokesperson)
November 27, 2024, 5:08 pm
Bank of Israel head bashes banks for raking in hefty profits while shortchanging clients
Governor Yaron laments that deposits sitting in checking accounts often do not bear interest for holders, but are a cheap source of financing for lenders
By Sharon Wrobel
Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, January 2, 2023. (Yonatan Sindel/Flash90)
June 27, 2023, 9:37 pm
Proposed bill a ‘serious blow’ to Bank of Israel’s independence, governor warns
Central bank head urges Netanyahu to withdraw legislation that would force banks to pay interest on current accounts; bill to be brought to Knesset vote on Wednesday
By Sharon Wrobel
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