Bank of Jerusalem

Bank of Jerusalem, Ltd.
Type Public company (TASE: JBNK)
Industry Banking
Financial services
Founded Israel, 1963
Headquarters Jerusalem, Israel
Key people Zalman Shoval, Owner
Jonathan Irroni, Chairman
Uri Paz, Managing Director
Products Current Accounts, Savings, Mortgages, Trust Services, Foreign Securities, Foreign Currency
Employees 370
Website www.bankjerusalem.co.il

Bank of Jerusalem, Ltd. (TASE: JBNK) is Israel's seventh largest bank, with total assets of 9,301 million shekels.[1]

Contents

History

The bank was founded in 1963 as a mortgage bank and in 1992 had an initial public offering on the Tel Aviv Stock Exchange. In August 1998, Bank of Jerusalem received a commercial banking license from the Bank of Israel, replacing the financial-institution license that it had held until then. By obtaining this license, Bank of Jerusalem completed its transformation into a commercial bank that specializes in real estate, the capital market, and international banking.[1]

Bank of Jerusalem is headquartered in Jerusalem and has seventeen branches around the country.

The Bank is controlled by Export Investment Corp., Ltd., a public company controlled by the Shoval family.

See also

References

  1. ^ a b "Dun's 100 Israel's Largest Enterprises - Commercial Banks - by Total Assets", Dun & Bradstreet Israel, Jan 2010, http://duns100.dundb.co.il/ts.cgi?tsscript=/2009e/e30a4, retrieved 2010-05-27 

External links