COGAT changes enforcement policy against illegally dug Palestinians wells, after Israel panned over video showing one serving hamlets not connected to grid being filled with cement Israelis on Saturday descended from the flashpoint northern West Bank settlement of Yitzhar and torched fields belonging to the adjacent Palestinian village of Burin, …
Read More »Bank Hapoalim posts record NIS 6.5b profit in 2022 amid steady rate hikes
Net interest income increased 38% to NIS 13.5 billion as the Bank of Israel hiked borrowing costs from a low of 0.4% in April to 3.25% in November 2022 Bank Hapoalim, one of Israel’s largest lenders posted a record net profit in 2022 as rising interest rates and higher inflation …
Read More »Bank of Israel chief hints rate hikes not over after November increase
Central bank governor sees need for higher borrowing costs than previously forecast to control inflation Two days after the Bank of Israel raised the benchmark interest rate for the sixth meeting this year, governor Amir Yaron signaled on Wednesday that the central bank’s monetary tightening is not finished amid expectations …
Read More »Bank of America predicted the autumn the fall in oil prices
Oil prices could fall to $ 39 per barrel by the end of the third quarter. This forecast was made by analysts at Bank of America Merrill Lynch, according to The Wall Street Journal Monday, June 20. Investment experts refer to the traditional decline in demand in the United States …
Read More »Central Bank warns banks about suspicious customers
Rosfinmonitoring and the Central Bank has found a way to prevent unscrupulous customers who have already been denied service or operations. Banks will soon get a new black list of clients with whom were terminated existing contracts for services and denied operations. These data banks will receive from the Central …
Read More »Bank of America intends to lay off up to 8 thousand employees
Bank of America plans to lay off up to 8 you. employees from retail banking, according to The Financial Times, citing informed sources. First of all, the cuts will affect back-office, said RNS. At the same time, the Bank expects to increase the number of “salespeople” — including specialists in …
Read More »Keep the money in the Bank
Oleg upcoming events In vain the business world of Russia expected that the Central Bank comes to its senses and will cut the refinancing rate to an effective level – symbolically it was reduced from 11.0 to 10.5 and left devastating. At such a rate of Bank loans to …
Read More »The Central Bank spoke about the disadvantages of additional system card “the World”
The owners of the “World” may be subject to cyber-attacks related to shortcomings of systems that serve these cards. On Wednesday, June 15, said the consultant of the Center for monitoring and responding to computer attacks in the financial sphere of the Bank of Russia Alexander Chebar, reports video News …
Read More »The savings Bank has assessed economic losses from cyber-attacks in the 600 billion rubles
Losses of the Russian economy from cybercrime Sberbank is estimated at 600 billion rubles. On Friday, June 10, said the Chairman of Board of Bank Stanislav Kuznetsov, reports “Interfax”. “In 2015-2016 to service of the savings Bank recorded a growth in the number of cyber attacks on the Russian financial …
Read More »The Bank of Russia proposed to conduct workshops on rescue of economy
The Russian Central Bank could give master classes to other Central banks to conduct monetary policy in an extremely difficult economic conditions. This was told on Wednesday, June 8, chief economist at Citigroup, Professor at the London school of William Bouter, reports video News Service. Russia has weathered the double …
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