Otsar HaHayal Bank (Hebrew ：בנק אוצר החייל，“ Treasury Bank For Soldiers ") Is An Israeli Bank.
History
British Custody Era
Otsar HaHayal Was Founded In 1946 By A British Authorized Agency To Provide Banking Services To Jewish Veterans Of The British Armed Forces. It Later Provided These Services To IDF Veterans And Defense Sector Employees, Who Also Became Part Owners Of The Bank.
State Of Israel
In 1972, The Bank Was Opened To The Public, Although It Remained Largely Tied To Military Assets. It Was Acquired By Bank Hapoalim In 1977. By 1996, Otsar Ha-Hayal Was Fully Transformed Into A Commercial Public Bank.
On January 24, 2006, Hapoalim Bank's Stake In The Bank (66%) Was Sold To First International Bank Of Israel For 703 Million NIS, Representing Approximately 185% Of The Estimated Value Of Otsar Ha-Hayal.
Disputes
See Also: List Of Companies Operating In West Bank Settlements
On 12 February 2020, The United Nations Published A Database Of Companies Operating In The West Bank (including East Jerusalem) And The Golan Heights. [2] Bank Otsar Ha-Hayal Was Listed In The Database For Its Activities In Israeli Settlements In These Territories
