ABN Amro Bank is ready to launch its Israeli operations, reports

Yedioth Ahronoth

.

Its Israeli branch will provide mainly investment banking services.

ABN-AMRO will be investing $30 million to $40 million in Israeli companies.

The Dutch bank has already invested $20 million with venture capital fund

Evergreen Canada Israel Investments

,

Ness Technologies

, and

Witcom Wireless Telecommunication

.