Israeli Bank Makes Swiss Acquisition

Israel Discount Bank has acquired Geneva-based Arzi Bank for SFr40.5 million ($36.2 million), and will merge it with Israel Discount Bank (Switzerland). Arzi Bank, which was founded in 1962, specialises....

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By: Christopher Owen
January 3, 2008
Israel Discount Bank has acquired Geneva-based Arzi Bank for SFr40.5 million ($36.2 million), and will merge it with Israel Discount Bank (Switzerland). Arzi Bank, which was founded in 1962, specialises....