Clal Insurance invests NIS 100 million in new bank Esh

Categories: Banking & Finance

Two weeks after the Bank of Israel awarded a conditional license to new Israeli bank Esh, the bank has announced that Clal Insurance and Finance will invest NIS 100 million in the Esh group.

The companies will take a 4.99% stake in each of the group companies, the bank and the technology company.

The bank said that the investment values the group at NIS 8 billion. Read more here in Globes.

More details

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