Bank of Israel Reports 3.6% Rise in Private Sector Debt to 2.6 Trillion Shekels
Translated & summarized from Al-Shams by baba
The story in 5 lines · by baba
- Private sector debt reached 2.6 trillion shekels in Q2 2026.
- Total private sector debt saw a 3.6% increase.
- Corporate debt rose by 4.2% to 1.7 trillion shekels.
- Household debt grew by 2.4% to 935 billion shekels.
- Bond issuances by companies exceeded previous quarterly averages.
The Bank of Israel announced that the total debt of the non-financial private sector, encompassing businesses and households, increased by approximately 3.6% in the second quarter of 2026, reaching about 2.6 trillion shekels. Corporate debt rose by about 4.2% during the quarter to approximately 1.7 trillion shekels. Companies issued around 33 billion shekels in bonds, with half of these issuances occurring in June, a level exceeding the average quarterly issuances of the previous four quarters.
Household debt also grew to about 935 billion shekels, an increase of roughly 22 billion shekels, or 2.4%, compared to the previous quarter. This rise was driven by increases in housing and non-housing debt. Non-housing debt for households climbed by 3.6% to approximately 260 billion shekels, while housing debt increased by about 13 billion shekels, or 1.9%, reaching around 675 billion shekels, reflecting continued new borrowing through mortgages.
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