The World Bank has approved a $25 million loan to Israel’s Bank for Industrial Development which helps finance new industrial enterprises and the expansion of existing ones in Israel. The World Bank’s board of directors praised the Israel Industrial Development Bank as “an institution of national importance and the greatest source in Israel for medium term credit for industrial development.”
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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.