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News Brief

October 10, 1979
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Bank Hapoalim announced it has opened a banking house in Montevideo, Uruguay. It will be officially known as Hapoalim (Latin American) Casa Bancaria S.A. and is a subsidiary of Bank Hapoalim (Switzerland) Ltd. It will service clients in Uruguay and will promote business in south America. The banking house will be significant, in the expansion of trade between Israel, Switzerland and Latin America.

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