Bank of Israel facts for kids
The Bank of Israel (which is בנק ישראל in Hebrew and بنك إسرائيل in Arabic) is like the main bank for the country of Israel. It helps manage Israel's money and keeps the economy stable. This important bank is located in Kiryat HaMemshala in Jerusalem. It also has another office in Tel Aviv. The person in charge of the bank right now is its governor, Amir Yaron.
Leaders of the Bank
The Bank of Israel has a special leader called the Governor. This person is very important because they make big decisions about Israel's money. They help decide things like how much money is in circulation and how much it costs to borrow money. Here is a list of the people who have served as Governor:
- David Horowitz, from 1954 to 1971
- Moshe Sanbar, from 1971 to 1976
- Arnon Gafni, from 1976 to 1981
- Moshe Mendelbaum, from 1982 to 1986
- Michael Bruno, from 1986 to 1991
- Jacob A. Frenkel, from 1991 to 2000
- David Klein, from 2000 to 2005
- Stanley Fischer, from 2005 to 2013
- Karnit Flug, from 2013 to 2018
- Amir Yaron, from 2018 until today
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Bank of Israel Facts for Kids. Kiddle Encyclopedia.