An agricultural bank with a $2,000,000 capital will be formed by the Palestine government to promote agriculture chiefly among the Arabs in Palestine, the Jewish Telegraphic Agency learned here today.
A number of banks having branches in Palestine will participate in the project, it was stated. The Banco di Roma of Italy, Barclays Bank of England and the Ottoman Bank of Turkwey will be among the firms financing the project.
The bank will be managed by a special company which the Palestine government is now organizing.
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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.
