Union Bank of Israel
Encyclopedia
The Union Bank of Israel, Ltd., more widely known by its Hebrew
name, Bank Igud, pronounced Eegude, (בנק אגוד) is the sixth largest Israel
i bank with thirty branches spread around the country. The bank complies with the ramifications of loans and interest in Judaism
.
Zeev Abeles is the chairman of the board of directors
.
Hebrew language
Hebrew is a Semitic language of the Afroasiatic language family. Culturally, is it considered by Jews and other religious groups as the language of the Jewish people, though other Jewish languages had originated among diaspora Jews, and the Hebrew language is also used by non-Jewish groups, such...
name, Bank Igud, pronounced Eegude, (בנק אגוד) is the sixth largest Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
i bank with thirty branches spread around the country. The bank complies with the ramifications of loans and interest in Judaism
Loans and interest in Judaism
The combination of loans and interest, in Judaism, is a complicated and detailed subject. The biblical Hebrew terms for interest are neshekh , literally meaning a bite, and marbit/tarbit , which specifically refers to the gain by the creditor; neshekh referred to interest that was charged by...
.
Zeev Abeles is the chairman of the board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
.