Palestine Economic Corporation

Palestine Economic Corporation (PEC) was a public company originally incorporated in the United States, aimed at supporting the economic development of Palestine. It was formed in February 1925 with the merger of Palestine Co-operative Company with "capital from the offices of the Joint Distribution Committee".[1]

Early Investments and Operations

  • Palestine Mortgage and Credit Bank Ltd.
  • Central Bank of Co-operative Institutions in Palestine Ltd.[2]
  • Palestine Water Company Ltd.
  • Bayside Land Corporation Ltd.
  • Loan Bank Ltd.

References

  1. ^ Gal, Allon (1982-09-01). "Brandeis's view on the upbuilding of Palestine, 1914–1923". Studies in Zionism. 3 (2): 211–240. doi:10.1080/13531048208575826. ISSN 0334-1771.
  2. ^ El-Eini, Roza I. M. (1997). "Rural Indebtedness and Agricultural Credit Supplies in Palestine in the 1930s". Middle Eastern Studies. 33 (2): 313–337. doi:10.1080/00263209708701155. ISSN 0026-3206. JSTOR 4283870.


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