The Bank of Israel released data on the public’s financial assets portfolio, showing an increase of about NIS 287.4 billion (4.2 percent) in the fourth quarter of 2025 to around NIS 7.2 trillion, bringing full-year growth to 15.5 percent. The portfolio’s share of GDP rose by about 9.6 percentage points to roughly 341 percent at quarter end. All components increased over the quarter, led by Israeli equities, which rose by about NIS 145.8 billion (12.6 percent) mainly due to price increases, and cash and deposits, up by about NIS 90 billion (3.9 percent) to NIS 2.41 trillion, around 34 percent of the total. Tradable corporate bonds in Israel increased by about NIS 16 billion to NIS 510 billion, supported by estimated net investments of NIS 13.1 billion, while Makam held by the public rose to NIS 202 billion and tradable government bonds to NIS 502 billion, with institutional investors holding NIS 369 billion. Investments abroad increased to about NIS 1.33 trillion (around 19 percent of the portfolio), driven by a NIS 20.4 billion rise in foreign equities, while foreign tradable bonds declined by about NIS 4 billion amid shekel appreciation against the US dollar, contributing to a reduction in foreign currency assets to 24.2 percent and foreign assets to 18.5 percent. Assets managed by institutional investors, excluding mutual funds, increased by about NIS 111 billion (3.5 percent) in the quarter to around NIS 3.3 trillion, about 46 percent of the public portfolio, while Israeli mutual funds grew by about NIS 33.6 billion (4.6 percent) to NIS 756 billion on price increases and net inflows of NIS 12.6 billion, mainly into domestic bond and equity funds. A full-year analysis will appear in Part 1 of the Statistical Bulletin for 2025, with a translation forthcoming.
Bank of Israel 2026-03-29
Bank of Israel reports public financial assets portfolio rose 4.2% in Q4 2025 to NIS 7.2 trillion
The Bank of Israel reported that the public’s financial assets portfolio grew by NIS 287.4 billion (4.2 percent) in Q4 2025 to about NIS 7.2 trillion, bringing full-year growth to 15.5 percent and raising the portfolio’s share of GDP to roughly 341 percent. Growth was broad-based, led by Israeli equities and cash and deposits, with investments abroad reaching about NIS 1.33 trillion but the share of foreign currency and foreign assets declining due to shekel appreciation. Assets managed by institutional investors rose to around NIS 3.3 trillion and Israeli mutual funds to NIS 756 billion, supported mainly by price gains and net inflows.