The Bank of Israel is the central bank of the State of Israel. It was established in 1954 and is responsible for the monetary policy of the country. The Bank of Israel is also responsible for issuing the Israeli currency, the shekel. The two most common crossword solutions for the term 'Bank of Israel' are 'WEST' (4 letters) and 'Leumi' (5 letters). 'WEST' is a reference to the Bank's location in the western part of the country, while 'Leumi' is a reference to the Bank's official name, Bank Leumi Le-Israel.