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Austrian Volksbank sets up NIS 120 million fund for Israeli investors in Eastern Europe

In co-operation with its Israeli representative GPI

Austrian bank Volksbank Austria is raising a fund to finance Israeli real estate entrepreneurs in East Europe, Ma'ariv reports.

According to the announcement the fund will total NIS 120 million and will be jointly established with Mickey Ganor and Ruth Peled's GPI, the Israeli representative of the bank and other institutions.

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