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      Free Daily Israel Report
      Archive: 8/16/2011
      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.