Anglo-Palestine Bank
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Anglo-Palestine Bank
Bank Leumi ( he, בנק לאומי, lit. ''National Bank''; ar, بنك لئومي) is an Israeli bank. It was founded on February 27, 1902, in Jaffa as the ''Anglo Palestine Company'' as subsidiary of the Jewish Colonial Trust (Jüdische Kolonialbank) Limited formed before in London by members of the Zionist movement to promote the industry, construction, agriculture, and infrastructure of the land hoped to ultimately become Israel. Today, Bank Leumi is Israel's largest bank (by total assets as of 2015), with overseas offices in Luxembourg, US, Switzerland, the UK, Mexico, Uruguay, Romania, Jersey, and China. Though nationalized in 1981, now Bank Leumi is mainly in private hands, with the government as the largest single shareholder, with 14.8% of the stock (as of June 2006). The other major shareholders are Shlomo Eliyahu and Branea Invest, which each hold 10% of the stock, constituting the control core of the bank. Sixty percent of the bank's stocks are held by the public and ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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Securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic ( dematerialized) or "book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they entitle the holder to rights only if they appear on a secur ...
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Bank Leumi Jerusalem
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Der Judenstaat
''Der Judenstaat'' (German, literally ''The State of the Jews'', commonly rendered as ''The Jewish State'') is a pamphlet written by Theodor Herzl and published in February 1896 in Leipzig and Vienna by M. Breitenstein's Verlags-Buchhandlung. It is subtitled with ''"Versuch einer modernen Lösung der Judenfrage"'' ("Proposal of a modern solution for the Jewish question") and was originally called ''"Address to the Rothschilds"'', referring to the Rothschild family banking dynasty, as Herzl planned to deliver it as a speech to the Rothschild family. Baron Edmond de Rothschild rejected Herzl's plan, feeling that it threatened Jews in the Diaspora. He also thought it would put his own settlements at risk. It is considered one of the most important texts of modern Zionism. As expressed in this book, Herzl envisioned the founding of a future independent Jewish state during the 20th century. He argued that the best way to avoid antisemitism in Europe was to create this independent Je ...
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Tel Aviv Stock Exchange
The Tel Aviv Stock Exchange (TASE; ; colloquially known as The Bursa, ) is Israel's only public stock exchange and a public company that has been traded on the Tel-Aviv Stock Exchange since August 1, 2019. Legally, the exchange is regulated by the ''Securities Law (1968)'', and is under the direct supervision of the Israel Securities Authority (ISA). TASE plays a major role in the Israeli economy, and the 23 TASE members are major banks and investment houses. Trading on TASE is conducted solely through the TASE members that collect a fee for the services they provide. TASE serves to trade securities and to raise capital and debt for companies and the government on the Israeli capital market. History and milestones The Tel Aviv Stock Exchange was established in 1953. Even prior to this, commencing in 1935, securities trading was carried out in the Land of Israel and, afterwards, in the State of Israel at the mandate-period Anglo-Palestine Bank (today, Bank Leumi). The trade ...
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Branea Invest
Vranje ( sr-Cyrl, Врање, ) is a List of cities in Serbia, city in Southern Serbia (Geographical Region), Southern Serbia and the administrative center of the Pčinja District. The municipality of Vranje has a population of 83,524 and its urban area has 60,485 inhabitants. Vranje is the economical, political and cultural centre of the Pčinja District in Southern Serbia. It is the first city from the Balkans to be declared City of Music (UNESCO), UNESCO city of Music. It is located on the Pan-European Corridor X, close to the borders with North Macedonia and Bulgaria. The Serbian Orthodox Eparchy of Vranje is seated in the city, as is the 4th Land Force Brigade of the Serbian Army. Etymology The toponym Vranje is first attested in an 11th-century Byzantine text. The town's name is believed to be derived from ''vran'', a word of Slavic languages, Slavic origin meaning swarthy or dark, or the archaic Slavic given name Vran, which itself is derived from the same word. History T ...
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Shlomo Eliyahu
Shlomo Eliahu ( he, שלמה אליהו, born 18 January 1936) is an Israeli businessman, billionaire, and former politician who served as a member of the Knesset between 1978 and 1981. Biography Born in Baghdad in 1936, Eliahu made aliyah to Israel in 1950 with his parents and eight siblings. After initially being based in a ma'abara at Beit Lid, his family moved to Kiryat Shalom. Shortly after immigrating he started working for Migdal. After being sacked in 1953, he began working for Binyan as an insurance agent. He was exempted from national service in the IDF as he had suffered from polio, and in 1955 started an independent insurance company in the Shapira neighbourhood of Tel Aviv. In 1966 he established the Eliyahu insurance company, which initially dealt only with car insurance, before expanding to other forms of insurance. In 1977 he joined the new Democratic Movement for Change (Dash) party, and won a place on its Knesset list. Although he failed to win a seat in the ...
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Zionism
Zionism ( he, צִיּוֹנוּת ''Tsiyyonut'' after '' Zion'') is a nationalist movement that espouses the establishment of, and support for a homeland for the Jewish people centered in the area roughly corresponding to what is known in Jewish tradition as the Land of Israel, which corresponds in other terms to the region of Palestine, Canaan, or the Holy Land, on the basis of a long Jewish connection and attachment to that land. Modern Zionism emerged in the late 19th century in Central and Eastern Europe as a national revival movement, both in reaction to newer waves of antisemitism and as a response to Haskalah, or Jewish Enlightenment. Soon after this, most leaders of the movement associated the main goal with creating the desired homeland in Palestine, then an area controlled by the Ottoman Empire. From 1897 to 1948, the primary goal of the Zionist Movement was to establish the basis for a Jewish homeland in Palestine, and thereafter to consolidate it. In a unique v ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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