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Bank Of Jerusalem
Bank of Jerusalem, Ltd. ( he, בנק ירושלים) is Israel's seventh largest bank, with total assets of 9,301 million shekels. History The bank was founded in 1963 as a mortgage bank to support housing development in Jerusalem by Mordechai Meir, Charles Clore, Isaac Wolfson and the Municipality of Jerusalem. In 1992, the bank 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. Since 2010 the bank has been focusing on developing its retail banking activities, offering current accounts and savings accounts to consumers. Bank of Jerusalem is headquartered in Jerusalem and has 24 branches around the country. The bank is con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Israeli Shekel
The new Israeli shekel ( he, שֶׁקֶל חָדָשׁ '; ar, شيكل جديد ; sign: ₪; ISO code: ILS; abbreviation: NIS), also known as simply the Israeli shekel ( he, שקל ישראלי, ar, شيكل إسرائيلي), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agorot. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel is a combination of the first Hebrew letters of the words ''shekel'' () and ''ẖadash'' () (new). When the shekel sign is unavailable the abbreviation ''NIS'' ( and ) is used. History The origin of the name "shekel" () is from the ancient Biblical currency by the same name. An early Biblical reference is Abraham being reported to pay "four hundred shekels of silver" to Ephron the Hittite for the Cave of the Patriarc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Jerusalem
East Jerusalem (, ; , ) is the sector of Jerusalem that was held by Jordan during the 1948 Arab–Israeli War, as opposed to the western sector of the city, West Jerusalem, which was held by Israel. Jerusalem was envisaged as a separate, international city under the 1947 United Nations partition plan. It was, however, divided by the 1948 war that followed Israel's declaration of independence. As a result of the 1949 Armistice Agreements, the city's western half came under Israeli control, while its eastern half, containing the famed Old City, fell under Jordanian control. Israel occupied East Jerusalem during the 1967 Six-Day War; since then, the entire city has been under Israeli control. The 1980 Jerusalem Law declared unified Jerusalem the capital of Israel, formalizing the effective annexation of East Jerusalem. Palestinians and many in the international community consider East Jerusalem to be the future capital of the State of Palestine. This includes (out of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Bank
The West Bank ( ar, الضفة الغربية, translit=aḍ-Ḍiffah al-Ġarbiyyah; he, הגדה המערבית, translit=HaGadah HaMaʽaravit, also referred to by some Israelis as ) is a landlocked territory near the coast of the Mediterranean Sea, Mediterranean in Western Asia that forms the main bulk of the Palestinian territories. It is bordered by Jordan and the Dead Sea to the east and by Israel (see Green Line (Israel), Green Line) to the south, west, and north. Under Israeli occupation of the West Bank, an Israeli military occupation since 1967, its area is split into 165 Palestinian enclaves, Palestinian "islands" that are under total or partial civil administration by the Palestinian National Authority (PNA), and 230 Israeli settlements into which Israeli law in the West Bank settlements, Israeli law is "pipelined". The West Bank includes East Jerusalem. It initially emerged as a Jordanian-occupied territory after the 1948 Arab–Israeli War, before being Jordani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Companies Operating In West Bank Settlements
This is a list of companies operating in West Bank settlements, compiled by the UN Human Rights Council and published by the UN Office for the Coordination of Humanitarian Affairs (OCHA). Israeli settlements in the occupied territory of the West Bank, including East Jerusalem, are considered illegal under international law. The report was requested by Human Rights Council resolution 31/36 in follow up to the International Fact-Finding Mission on Israeli Settlements, a 2013 investigation into the impact of Israeli settlements on Palestinian rights in the occupied territories, and listed ten activities of concern, including the supply of construction equipment, materials, services and utilities to settlements, and to erect the West Bank wall; financial support for settlement activities; and, the supply of demolition equipment used to destroy property and agricultural assets. There are 112 business entities on thlistfor which, based on "a thorough review and assessment of all infor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations
The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and international security, security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmonizing the actions of nations. It is the world's largest and most familiar international organization. The UN is headquarters of the United Nations, headquartered on extraterritoriality, international territory in New York City, and has other main offices in United Nations Office at Geneva, Geneva, United Nations Office at Nairobi, Nairobi, United Nations Office at Vienna, Vienna, and Peace Palace, The Hague (home to the International Court of Justice). The UN was established after World War II with Dumbarton Oaks Conference, the aim of preventing future world wars, succeeding the League of Nations, which was characterized as ineffective. On 25 April 1945, 50 governments met in San Francisco for United Nations Conference ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savings Accounts
A savings account is a bank account at a retail bank. Common features include a limited number of withdrawals, a lack of cheque and linked debit card facilities, limited transfer options and the inability to be overdrawn. Traditionally, transactions on savings accounts were widely recorded in a passbook, and were sometimes called passbook savings accounts, and bank statements were not provided; however, currently such transactions are commonly recorded electronically and accessible online. People deposit funds in savings account for a variety of reasons, including a safe place to hold their cash. Savings accounts normally pay interest as well: almost all of them accrue compound interest over time. Several countries require savings accounts to be protected by deposit insurance and some countries provide a government guarantee for at least a portion of the account balance. There are many types of savings accounts, often serving particular purposes. These can include accounts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Current Accounts
A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share draft account at credit unions, is a deposit account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the account owner or to others as the account owner may direct. Access may be in a variety of ways, such as cash withdrawals, use of debit cards, cheques (checks) and electronic transfer. In economic terms, the funds held in a transaction account are regarded as liquid funds. In accounting terms, they are considered as cash. Transaction accounts are known by a variety of descriptions, including a current account (British English), chequing account or checking account when held by a bank, share draft account when held by a credit union in North America. In the United Kingdom, Hong Kong, India and a number of other countries, they are commonly called current or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Israel
The Bank of Israel ( he, בנק ישראל, ar, بنك إسرائيل) is the central bank of Israel. The bank's headquarters is located in Kiryat HaMemshala in Jerusalem with a branch office in Tel Aviv. The current governor is Amir Yaron. The primary objective of the Bank of Israel is to maintain price stability and the stability of the financial system in Israel. It also administers and implements monetary policy in Israel, conducts foreign exchange operations, supervises and regulates the banking system, takes care of the foreign reserves and operations of the financial market infrastructure. The Bank of Israel has, under Article 41 and 44 of its Statute, the exclusive right to issue Israeli Shekel banknotes and coins. History When Israel gained independence in 1948, the power of note issuance was vested with the Anglo-Palestine Bank, which was refounded as Bank Leumi in 1950. Monetary policy and banking supervision remained controlled by the Ministry of Finance. The Ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tel Aviv Stock Exchange
The Tel Aviv Stock Exchange (TASE; ; colloquially known as The Bursa, ) is Israel's only public stock exchange and a public company that has been traded on the Tel-Aviv Stock Exchange since August 1, 2019. Legally, the exchange is regulated by the ''Securities Law (1968)'', and is under the direct supervision of the Israel Securities Authority (ISA). TASE plays a major role in the Israeli economy, and the 23 TASE members are major banks and investment houses. Trading on TASE is conducted solely through the TASE members that collect a fee for the services they provide. TASE serves to trade securities and to raise capital and debt for companies and the government on the Israeli capital market. History and milestones The Tel Aviv Stock Exchange was established in 1953. Even prior to this, commencing in 1935, securities trading was carried out in the Land of Israel and, afterwards, in the State of Israel at the mandate-period Anglo-Palestine Bank (today, Bank Leumi). The trade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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