British Bank in Israel Transfers Its Business to Israel Bank
Menu JTA Search

British Bank in Israel Transfers Its Business to Israel Bank

Download PDF for this date

The Ottoman Bank of London and the Palestine Discount Bank Ltd. of Tel Aviv today announced the signing of an agreement under which the Palestine Mercantile Bank Ltd., which is a subsidiary of the Discount Bank, has taken over all business hitherto carried on by the Ottoman Bank branches in Israel. The agreement became effective June 30.

Founding Funders

The digitization of the JTA Archive would not have been possible without the generous support of the following donors:
  • The Gottesman Fund
  • Righteous Persons Foundation
  • Charles H. Revson Foundation
  • Elisa Spungen Bildner and Robert Bildner, in honor of Norma Spungen
  • George S. Blumenthal
  • Grace and Scott Offen Charitable Fund