Advocates for the deregulation and privatization of Israeli banks are cheering Citibank’s recent decision to open a branch in the Jewish state. Jacob Frenkel, president of the Bank of Israel, called the decision “one of the most significant financial events in the history of Israel” and said other foreign banks would follow suit.
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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.
