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agreed to a lightning transaction to guarantee all of Masad's commitments, and later acquired a controlling stake in the institution as part of a strategy to acquire smaller banks, leading to the establishment of the new Masad Bank. The portion not sold to Bank
Hapoalim was transferred to the
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acquired the shares of Bank
Hapoalim, as a result of Hapoalim Bank's entry into the financial advisory sector. That same year, the bank received approval to become a member of the stock exchange.
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Following the death of the CEO of the Bank in 1977 and suspicions regarding irregularities in the bank, concerns about its stability arose.
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ownership of "Masad
Holdings" company, and members of the original institution became shareholders in the new company.
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Bank Massad was founded in 1929 as the Massad Mutual Loans and
Savings Company (
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80, on the site of the
Israeli Theater building, before moving to
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The bank's administration building used to be located on
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Jewish businesses established in
Mandatory Palestine
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181:with 21 branches and branches throughout Israel.
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209:(51%), jointly owned with Histadrut HaMorim.
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50:Massad Mutual Loans and Savings Company
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195:מסד חברה הדדית להלוואות וחסכונות בע"מ
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480:. You can help Knowledge (XXG) by
412:First International Bank of Israel
138:First International Bank of Israel
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205:). Today it is a subsidiary of
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222:International Bank of Israel
81:; 95 years ago
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542:Banks established in 1929
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385:Mercantile Discount Bank
207:First International Bank
476:-related article is a
427:Union Bank of Israel
407:Bank Mizrahi-Tefahot
381:Israel Discount Bank
234:Rothschild Boulevard
201:(Israel's teachers'
127:Gabriel Teitel (CEO)
421:Bank Otsar Ha-Hayal
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242:Abba Hillel Street
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439:Banking in Israel
402:Bank of Jerusalem
259:Banking in Israel
254:Economy of Israel
199:Histadrut HaMorim
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482:expanding it
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343:Central bank
295:"Management"
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94:Headquarters
58:Company type
52:(until 1977)
16:Israeli bank
416:Bank Massad
395:Other banks
359:Major banks
203:trade union
167:Bank Massad
159:(in Hebrew)
151:.bankmassad
111:Area served
35:Native name
20:Bank Massad
532:Bank stubs
521:Categories
437:See also:
371:Bank Leumi
281:References
123:Key people
474:insurance
238:Ramat Gan
99:Ramat Gan
248:See also
228:Building
66:Industry
47:Formerly
185:History
175:בנק מסד
144:Website
84: (
76:Founded
70:Banking
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40:בנק מסד
191:Hebrew
171:Hebrew
133:Parent
116:Israel
103:Israel
61:Public
468:This
197:) by
478:stub
472:and
470:bank
179:bank
86:1929
79:1929
155:.il
153:.co
149:www
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
