Arab Israel Bank
   HOME

TheInfoList



OR:

Arab Israel Bank (Ai Bank) ( he, בנק ערבי ישראלי, ar, البنك العربي الاسرائيلي) is a
bank A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...
in
Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...
established in 1961. It is owned by
Bank Leumi Bank Leumi ( he, בנק לאומי, lit. ''National Bank''; ar, بنك لئومي) is an Israeli bank. It was founded on February 27, 1902, in Jaffa as the ''Anglo Palestine Company'' as subsidiary of the Jewish Colonial Trust (Jüdische Kolonia ...
and caters to the country's Arab population. In 1971, Bank Leumi acquired Arab Israel Bank (established 1960), which serves mainly the
Arab citizens of Israel The Arab citizens of Israel are the largest ethnic minority in the country. They comprise a hybrid community of Israeli citizens with a heritage of Palestinian citizenship, mixed religions (Muslim, Christian or Druze), bilingual in Arabic an ...
in the north of the country.Net Earnings of NIS 49.2 million for the Arab Israel (ai) Bank
/ref> Ai Bank has 35 branches located in Israel's northern and
Triangle A triangle is a polygon with three Edge (geometry), edges and three Vertex (geometry), vertices. It is one of the basic shapes in geometry. A triangle with vertices ''A'', ''B'', and ''C'' is denoted \triangle ABC. In Euclidean geometry, an ...
regions. The bank is primarily focused on retail banking and has around 470 employees.BDI Code


See also

*
Economy of Israel The economy of Israel is a developed free-market economy. The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability, modern inf ...
*
List of banks Lists of banks are contained in the following articles: By continent * List of banks in Africa – Each country in Africa has a list of banks operating in that country * List of banks in Asia – Asia has a list of banks operating in that co ...
*
List of banks in Israel The following is a list of banks in Israel: Central Bank Major banks Other banks Postal Bank Foreign banks Credit card companies See also * Banking in Israel * Economy of Israel {{Asia topic, List of banks in Israel Banks Israe ...


References

{{Israeli banks Banks of Israel Financial services companies of Israel Banks established in 1961 Israeli brands *