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Found Jewish Credit Cooperative in Berlin

(J. T. A. Mail Service)

A Jewish Credit Cooperative Bank to assist the Jewish middle class and small traders in Berlin, has been founded here under the name of the Bank Ivria. The Presidium consists of Dr. Kareski, Dr. Altschul and Dr. Taitzlin. Dr. Brutzkus, Dr. Klee and Dr. Kollenscher are among the members of the Supervisory Council.

The bank will begin to function as soon as it has obtained a subscribed capital of 200,000 Marks. Half of this sum has already been subscribed, and the bank is expected to begin work during February.