The paid up capital of the Palestine Kupat-Am Bank Cooperative Society, Ltd., of Tel Aviv, with branches in Jerusalem, Haifa and Hadar Hacarmel, one of the biggest cooperative banks in the country, was increased last year by £3,015 to £34,280, including a special reserve of £4,000 as compared with £37,636. The Bank’s capital thus amounts to £83,065, compared with £68,902 at the end of 1935.
Deposit accounts show a slight decline by £3,000 to £149,601; current accounts, on the other hand, increased in 1936 from £350,000 to £377,430, bringing the total amount of deposits up to £527,035, compared with £502,390 in 1935.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
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.
