Search JTA's historical archive dating back to 1923

Israel Opens Loan Negotiations with World Bank in Washington

March 14, 1967
See Original Daily Bulletin From This Date

The Israel Industrial Development Bank opened formal negotiations with the World Bank for a $15,000,000 loan.

Among the Israeli negotiators were Dr. A. Neeman, bank director, Nahum Shamir, Israel Economic Minister, and Dr. S. Sittan, Economic Counsellor of the Israeli Embassy. Four loans totaling $94,500,000, have been made by the World Bank to Israel to date. The most recent was a $20,000,000 loan extended in September, 1965.

Recommended from JTA