SMALL BUSINESS LOANS
estate companies, making it the first
American investment bank to invest
in domestic real estate firms, the com-
pany's managing director Ron Gutler
said.
Until now the large investment
houses have concentrated mainly in
investment in high-tech and industrial
firms.
Gutler said a delegation was consid-
2
ering investment in several companies.
He added that the proposed invest-
ment is for the bank's own account
and not for its clients.
Until now, no American investment
house has shown interest in Israeli real
estate companies with the exception of
Quantum Industrial Holdings, a fund
managed by financier George Soros.
Last year it bought a minority stake in
Elroy — a firm controlled by entre-
preneur Alfred Akirov. Quantum's
move is seen only as a financial invest-
ment, but Bankers Trust interest is
apparently long term.
WE HAD A FEELING OUR NEW RATE WOULD
AFFECT RATES AT OTHER BANKS.
//ill/I/1111111111111111M%
Dow Jones Praises
TASE Web Site
Jerusalem (JPFS) —The Tel Aviv
Stock Exchange Web site has been
chosen as a "Select Site" by editors of
the Dow Jones Business Directory, the
TASE said.
It was judged in 1996 as one of the
world's top financial Web sites by
Financial Times Pitman Publishing
and was awarded a top rating of four
stars. The Internet address is:
www.tase.co.il
We just didn't think their heart rate would be one of them. Our new, fixed rate loans
have quite a few hearts skipping a beat throughout the small business community, not
to mention among our competitors. Others talk about understanding and appreciating
small businesses but only Comerica proves it with real financial solutions. This great
rate applies to loans used to purchase equipment and/or finance commercial mortgages,
between $25,000 to $500,000. Hurry, our fixed rate offer is available on loans applied
for now through March 31, 1998! We're not sure our competition could take much
more. For more information contactyour Relationship Officer or call 800-829-5214.
No Arab Buyers
At Food Week?
Jerusalem (JPFS) — Delegations from
Egypt, Jordan and the Palestinian
Authority have not registered to
attend the Israel Food Week exhibi-
tion at the Tel Aviv Convention
Center, Israel Export Institute director
Amir Hayek said.
Institute chairman Amir Makov
said the food industries must use
greater creativity in order to realize the
growth potential in the sector. In
1997, Israel's food exports amounted
to $1.1 billion, half processed and half
fresh produce. Some 80 Israeli corn-
panies are displaying goods at the
exhibition, where many producers will
unveil new products.
We listen. We understand. We make it work:
.These fixed rate loans must be closed by April 30, 1998. Rates and loans subject to credit approval. Rates valid 30 days from
application date. Rates subject to change. Comerica Bank • Equal Opportunity Lender • Member FDIC • www.comerica.com
WHEN RIDING A BIKE,
HELMETS ARE
A NECESSITY!
Hebrew Memorial Chapel
For Subscription information call
MINIM
MOW
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.111111111
■
ADM
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non
26640 Greenfield Rd. Oak Park MI 48237
248-543-1622 • Outside MI 1-800-736-5033
2/20
1998
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