Bank of Israel

Israel

The Bank of Israel is the central bank of Israel, responsible for managing the country's monetary policy, regulating financial institutions, issuing currency, and maintaining financial stability.

CCI Score

-8.23

0.01% May 3

Latest Event

Bank of Israel Chief Urges Swift Budget Approval Amid Crisis

In a letter to Prime Minister Netanyahu, Bank of Israel head Amir Yaron called for an expedited debate and approval of the 2025 state budget to maintain fiscal stability during a prolonged period of conflict. This proactive engagement reflects an effort to uphold transparent, responsible economic governance in a challenging security environment, thereby supporting democratic accountability rather than political opportunism.

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COLLABORATOR

Bank of Israel is currently rated as a Collaborator.

-5 to -9 CCI Score

In this category, companies align with authoritarian practices mainly to avoid trouble or regulatory conflict. Their compliance is driven by self-preservation, resulting in minimal resistance even as they participate in oppressive systems.

Latest Events

JAN

28

2025

Bank of Israel Chief Urges Swift Budget Approval Amid Crisis
38.97

In a letter to Prime Minister Netanyahu, Bank of Israel head Amir Yaron called for an expedited debate and approval of the 2025 state budget to maintain fiscal stability during a prolonged period of conflict. This proactive engagement reflects an effort to uphold transparent, responsible economic governance in a challenging security environment, thereby supporting democratic accountability rather than political opportunism.
+40

Executive Political Engagement

March 23

The Bank of Israel’s chief actively intervened in public policy by urging timely fiscal reforms amid a state of conflict, emphasizing the need for fiscal clarity and stability. This intervention supports the democratic process by ensuring that avoidable political maneuvering does not undermine essential economic governance, thereby countering authoritarian impulses. Such engagement is a positive step in safeguarding market trust and ensuring that governance remains responsive to national crises.

Bank of Israel head urges Netanyahu to get moving on 2025 state budget
MAY

29

2018

HRW Calls on Bank of Israel to Crack Down on Banks Financing West Bank Settlements
-33.85

A Human Rights Watch report from May 29, 2018 criticizes the regulatory shortcomings of the Bank of Israel for not effectively curtailing the involvement of Israeli banks in financing settlement projects in the occupied West Bank. The report argues that this inaction enables practices that contribute to severe human rights abuses and the expansion of unlawful settlements, urging the Bank of Israel to take decisive measures.
-70

Public and Political Behavior

March 23

Under the category of 'Public and Political Behavior,' the Bank of Israel is criticized for its apparent inaction and insufficient regulatory intervention in the financing of illegal settlements. The report highlights that by not enforcing stricter oversight, the Bank of Israel indirectly supports policies that facilitate human rights abuses and discrimination against Palestinians.

Bankrolling Abuse: Israeli Banks in West Bank Settlements | HRW
-65

Business Practices and Ethical Responsibility

March 23

Within the 'Business Practices and Ethical Responsibility' category, the Bank of Israel is faulted for failing to enforce ethical banking practices among institutions that finance settlements. This leniency in oversight contributes to a system that indirectly supports the expansion of settlements on unlawfully seized land, thereby undermining international humanitarian law and human rights standards.

Bankrolling Abuse: Israeli Banks in West Bank Settlements | HRW
SEP

13

2017

Bank of Israel Regulatory Support Enables Settlement Banking Activities
-29.81

A Human Rights Watch report from 2017 highlights how the Bank of Israel's regulatory practices enable Israeli banks to operate in West Bank settlements. This regulatory environment facilitates banking activities that contribute to settlement expansion, violate international humanitarian law, and exacerbate human rights abuses against Palestinians.
-60

Public and Political Behavior

March 23

The Bank of Israel, as the central bank and regulator, plays a crucial role in creating a political environment that indirectly supports settlement-related banking practices. Its actions contribute to legitimizing policies that facilitate settlement expansion and undermine international human rights standards.

Israeli Law and Banking in West Bank Settlements
-70

Economic and Structural Influence

March 23

The Bank of Israel's regulatory influence enables economic conditions that support discriminatory banking practices in settlements. By enforcing laws that favor settlement activity, the bank contributes to structural economic biases that facilitate the annexation of occupied territory and exacerbate inequalities.

Israeli Law and Banking in West Bank Settlements