Frozen Accounts in Israel: Billions of Shekels Await Heirs
Israel's financial system is facing a large-scale crisis of unclaimed assets, affecting tens of thousands of families. According to official statistics from the Bank of Israel, presented in an analytical report by Bizportal, approximately 86,000…
Assessment
Roughly 86,000 accounts holding 1.6 billion shekels sit frozen after their owners died, part of a larger pool of 530,000 dormant deposits worth 6.5 billion shekels. The scale suggests a systemic gap between what people leave behind and what families actually claim. Watch whether Israeli banks or regulators push new tools to match heirs with these funds, or if the money keeps piling up unattended.