Otsar HaHayal was founded in 1946 by the British mandatory authorities to provide banking services to Jewish veterans of the British armed forces. It later provided these services to Israel Defense Forces veterans and defense sector employees, who also became part owners of the bank.[1]
In 1972, the bank opened up to the general public, although it still largely kept its association with military assets. It was purchased by Bank Hapoalim in 1977. By 1996, Otsar HaHayal completely transformed into a commercial public bank.
^"Database of all business enterprises involved in certain activities relating to Israeli settlements in East Jerusalem and the West Bank (A/HRC/43/71)". UN OCHA. 12 Feb 2020. Retrieved 2021-09-12.
bank, otsar, hayal, bank, otsar, hahayal, hebrew, בנק, אוצר, החייל, soldier, treasury, bank, israeli, bank, native, nameבנק, אוצר, החייל, company, typepublicindustrybankingfounded1946, years, 1946, area, servedisraelrevenue, million, 2014, parentfirst, interna. Bank Otsar HaHayal Hebrew בנק אוצר החייל lit Soldier s Treasury Bank is an Israeli bank Bank Otsar Ha HayalNative nameבנק אוצר החייל Company typePublicIndustryBankingFounded1946 78 years ago 1946 Area servedIsraelRevenue 597 million 2014 ParentFirst International Bank of IsraelWebsitewww bankotsar co il Contents 1 History 2 Criticism 2 1 Involvement in Israeli settlements 3 See also 4 References 5 External linksHistory editOtsar HaHayal was founded in 1946 by the British mandatory authorities to provide banking services to Jewish veterans of the British armed forces It later provided these services to Israel Defense Forces veterans and defense sector employees who also became part owners of the bank 1 In 1972 the bank opened up to the general public although it still largely kept its association with military assets It was purchased by Bank Hapoalim in 1977 By 1996 Otsar HaHayal completely transformed into a commercial public bank On January 24 2006 Bank Hapoalim s share of the bank 66 was sold for 703 million NIS approximately 185 of Otsar Ha Hayal s estimated worth to the First International Bank of Israel Criticism editInvolvement in Israeli settlements edit See also List of companies operating in West Bank settlements On 12 February 2020 the United Nations published a database of companies doing business related in the West Bank including East Jerusalem as well as in the Golan Heights 2 Bank Otsar Ha Hayal was listed on the database on account of its activities in Israeli settlements in these territories 3 See also edit nbsp Banks portal Economy of Israel Banking in IsraelReferences edit Mizrahi seeks to buy Bank Otsar HaHayal Database of all business enterprises involved in certain activities relating to Israeli settlements in East Jerusalem and the West Bank A HRC 43 71 UN OCHA 12 Feb 2020 Retrieved 2021 09 12 UN rights office issues report on business activities related to settlements in the Occupied Palestinian Territory Office of the United Nations High Commissioner for Human Rights 12 February 2020 Retrieved 5 July 2021 External links editOfficial website in Hebrew Retrieved from https en wikipedia org w index php title Bank Otsar Ha Hayal amp oldid 1156030460, wikipedia, wiki, book, books, library,
