Life in 18th century Jerusalem at the first Hebrew bank
The exhibition at the Eretz Israel museum reveals life in 18th-century Jerusalem through the Jacob Valero Bank, the first Jewish financial institution in Palestine, founded by a ritual slaughterer from Turkey.
Between late 1899 and early 1900, historian Abraham Shmuel Hershberg lived in Jerusalem. He was impressed by one new and thriving institution that had a very important role in the local business scene: The Jacob Valero Bank – the first private bank in the Land of Israel.
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