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Ampal Marks 30th Anniversary

Ampal, the American Israel Corp. founded originally to channel American investment capital into the infant industries of the Jewish community in Palestine, began celebrations here yesterday to mark its 30th anniversary. A special flight from New York brought over 150 Ampal directors and shareholders to participate in the celebrations. They were accompanied by representatives of five major American banks–The Bank of America; Manufacturers Hanover Trust Co.; Chemical Bank; National Bank of North America and the American Express Co. During 1971 Ampal loaned $87 million to 81 Israeli institutions and companies.