| Home > News and Events > News |
 |
|
| Press Release |
|
| Approval of the Application by
Danran Holdings Ltd, Shamdar Holdings Ltd, Elran (D.D.) Investments
Ltd, and Elran (D.D.) Holdings Ltd |
|
| Friday, June 13, 2003 |
|
| NEW YORK--The Federal Reserve Bank of New York Friday approved the application by Danran Holdings Ltd., Shamdar Holdings Ltd., Elran (D.D.) Investments Ltd., and Elran (D.D.) Holdings Ltd., all of Tel Aviv, Israel, in connection with their indirect ownership of Bank Hapoalim B.M., to become bank holding companies by acquiring indirect control of Signature Bank, New York, New York, and to engage in certain nonbanking activities. |
|
