Daily Israel Report
09:36
Reported

News Brief

  8/16/2011, Av 16, 5771

Barclays Joins Foreign Love Affair with Israel


The British Barclays Bank has been granted permission to become the fifth foreign bank to open up a commercial branch in Israel. “The banking supervision department welcomes the expansion of activity of international banks in Israel, and believes this will increase competition," the Bank of Israel said.