Bank of Israel

Bank of Israel
בנק ישראל (Hebrew)
بنك إسرائيل (Arabic)
HeadquartersKiryat HaMemshala, Jerusalem
Established24 August 1954 (1954-08-24)
OwnershipGovernment of Israel (Ministry of Finance)
GovernorAmir Yaron (2018-present)
Central bank of Israel
CurrencyIsraeli new shekel
ILS (ISO 4217)
ReservesUS$206 billion
(about 664 billion) (March 2022)
Bank rate4.5% (April 2023)
Preceded byBank Leumi Le-Israel
Websiteboi.org.il

The Bank of Israel (Hebrew: בנק ישראל, Arabic: بنك إسرائيل) is the central bank of Israel. The bank's headquarters is located in Kiryat HaMemshala in Jerusalem with a branch office in Tel Aviv. The current governor is Amir Yaron.

The primary objective of the Bank of Israel is to maintain stability in prices and the financial system in Israel. It also administers and implements monetary policy in Israel, conducts foreign exchange operations, supervises and regulates the banking system, takes care of the foreign reserves and operations of the financial market infrastructure. The Bank of Israel has, under Article 41 and 44 of its Statute, the exclusive right to issue Israeli Shekel banknotes and coins.