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Americans Open Mortgage Bank in Israel with $1, 200, 000 Capital

September 3, 1959
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A new mortgage bank with a paid-up capital of $1, 200, 000 was opened here today. The bank, owned by a holding company incorporated in Panama, has been financed by a group of North American and Latin American investors, headed by a well-known Mexican banker and Zionist leader, Elias Sourassky.

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