Arab Israel Bank
 | You can help expand this article with text translated from the corresponding article in Arabic. (March 2024) Click [show] for important translation instructions.
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| Arab Israel Bank | |
|---|---|
 | |
Native name | البنك العربي الإسرائيلي בנק ערבי ישראלי |
| Type | Subsidiary |
| Industry | Banking |
| Founded | 1961 |
| Headquarters | |
Area served | Israel |
| Services | Financial services |
| Revenue | NIS 170.8 million |
| NIS 49.2 million | |
| Parent | Bank Leumi |
| Website | arabic.leumi.co.il (AR) |
Arab Israel Bank (Ai Bank) (Hebrew: בנק ערבי ישראלי, Arabic: البنك العربي الإسرائيلي) is a bank in Israel established in 1961. It is owned by Bank Leumi and caters to the country's Arab population.
History
In 1971, Bank Leumi acquired Arab Israel Bank (established 1960), which serves mainly the Arab citizens of Israel in the north of the country. Ai Bank has 35 branches located in Israel's northern and Triangle regions.
The bank is primarily focused on retail banking and has around 470 employees.
In January 2016, the bank merged into Bank Leumi, and its branches became branches of Bank Leumi.
See also
References
- 1 2 3 Net Earnings of NIS 49.2 million for the Arab Israel (ai) Bank[link removed]
- ↑ Liviatan, Nissan; Barkai, Haim (2007-01-18). The Bank of Israel: Volume 2: Selected Topics in Israel's Monetary Policy. Oxford University Press. ISBN 978-0-19-534579-7.
- ↑ BDI Code Archived September 1, 2014, at the Wayback Machine