Jerusalem, 23 June, 2026 (TPS-IL) — The Bank of Israel reported that the increase in the balance of nonfinancial private sector debt (both business and household) continued. In the first quarter of 2026 it increased by approximately 2.3% to a level of about 2.5 trillion Shekels ($830 Billion).
The balance of business sector debt increased by about 3% during the first quarter, to about 1.6 trillion Shekels ($530 billion). This was mainly due to net debt raised, which was concentrated in bank credit to the large and medium business segments, explained the Bank.
The balance of household debt also continued to increase during the quarter, to about 914 billion Shekels ($305 billion), entirely the result of an increase in the balance of housing debt – by about 10 billion Shekels ($3.33 billion) 1.5% – which was due to new mortgage borrowing from banks.
The balance of non-housing debt remained virtually unchanged during the first quarter, at about 251 billion Shekels ($83.7 billion).