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Bank Leumi settles on payout to Shoah heirs


URL: http://www.jewishjournal.com/israel/article/bank_leumi_settles_on_payout_to_shoah_heirs_20110328

Bank Leumi has agreed to pay nearly $37 million to the heirs of Holocaust victims and to projects that help Israeli survivors. The Israeli bank reached a settlement Sunday with Hashava-The Company for Location and Restitution of Holocaust Victims' Assets, a company started by the Israeli government in 2006.

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