| 01.11.2009 |
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| Israel Discount Bank |
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| Following the reports about the oral request by the holders of the controlling interest in the Israel Discount Bank to the Chairman of the Board that he resign, the Banking Supervision Department wishes to clarify that it knows of no incident whatever in the bank that led to this request. The Banking Supervision Department is looking into the sequence of events, the conduct of those involved, and the implementation of the proper rules of corporate governance. |
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