Chile’s Jewish bank, the Banco Israelita, will revert to private ownership as part of a government plan to return certain banks nationalized by the Allende regime to non-governmental control. The reversion will be achieved through the sale of shares by the government development corporation. The Banco Israelita is to merge with another bank, the Banco Continental, to insure “greater operational efficiency.”
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
