An increase of $463 million was recorded in October in foreign currency bank credit, amounting to $12.598 billion.
An increase of $463 million was recorded in October in foreign currency bank credit, amounting to $12.598 billion, as compared with $12.135 in the preceding month, an increase of 3.8%. According to figures of the Bank of Israel’s research department, a 12.3% increase of $1.38 billion was recorded in the July-October period in foreign currency bank credit.
Since the beginning of the year, an increase of $1.97 billion, or 19%, has been recorded in total foreign currency bank credit. Since the beginning of 1995, this credit has increased 2.53 times, by $7.6 billion.
Also reported was a decrease of NIS 582 million in foreign-currency-linked bank credit which, in October, amounted to NIS 12.406 billion, compared to NIS 12.988 billion in September, down 4.5%.