Banque Commerciale de Palestine
Banque Commerciale de Palestine (Commercial Bank of Palestine) was considered by the Arabs of the Land of Israel to be their national bank, although we are aware today that half of its shares were held by the Anglo- Palestine Company of the World Zionist Organization. David Levontin initiated the establishment of the bank, under the […]
Alexander eliash & Co.
The bank was founded in 1931 as Alexander Eliash & Co. Ltd. By Alexander Eliash (1896-1967), originally from Uman in Ukraine. Eliash immigrated to the Land of Israel in 1926, where he served as president of B’nai B’rith and as a trustee for American individuals and companies supporting the Jewish community. The bank which he […]
King Solomon Bank
In the 1930s, dozens of banks were established in the Land of Israel, mainly small ones. Most of them closed by the end of the decade. One of them was King Solomon Bank Ltd., which was established in February 1932 by Dov Rosenstein, a certified accountant (1889-1948). When founding the bank, Rosenstein declared that its […]
The Mizrahi Bank
The Mizrahi Bank was established in 1923 by the International Center of the Mizrahi Movement, the religious Zionist movement. From its inception, the Bank raised funds through the issue of stock, both in the Land of Israel and abroad. For this purpose, the bank opened bureaus throughout Europe and the US, in order to convince […]
Bank of Tel-Aviv
After the Nazis came into power in Germany at the end of January 1933, many middle class Jews from Germany made aliyah, influencing trade and the Jewish economy in the Land of Israel. In that year alone, 16 new commercial banks were opened, and in 1934 – 14 more. Bank of Tel Aviv was founded […]
The Marine Trust Limited (Otzar Mifalei Yam)
The Marine Trust Limited (Otzar Mifalei Yam) was established 1936, in order to fund the construction and maintenance of Jewish ports in the Land of Israel. The company’s first aim was to build a port in Tel Aviv, as a substitute for the Jaffa Port, which was shut down during the Arab Revolt that began […]
Deutsche-Palastina Bank
The bank was founded in 1897 with the support of the German Ministry of Foreign Affairs. Its aim was supporting German interests in the Middle East and backing the German settlers who began moving to the Land of Israel towards the end of the 19th century and even more so as of 1904, at the […]
Bank Lecredit Gomleen
Bank Lecredit Gomleen was founded in 1926 as a bank based on a cooperative society, which helped its middle class members with loans for construction and trade. The bank was affiliated with the Supervision Alliance (Brit Pikuach) of the Credit Cooperative in the Land of Israel. In 1941, the word “bank” was struck from the […]
Cooperative Bank “Bne-Binyamin” Ltd.
The Bne-Binyamin movement was founded in 1921 by Alexander Aaronson, with the aim of assisting residents of agricultural colonies; its leaders included Itamar Ben-Avi (well known journalist and the son of Eliezer Ben-Yehuda) and Oved Ben-Ami (who later was one of Netanya’s co-founders). The bank was founded in Jaffa in 1924 as a cooperative society, […]
The Farmers’ Mortgage Corporation Ltd.
The company was established in October 1940 by the Farmers’ Federation of the Land of Israel, as a mortgage bank for citrus growers in particular and farmers in general, and as part of the economic institutions of the Federation (which also included an HMO, a magazine, an agricultural school, marketing and shipping companies, etc.). During […]