The correct answer is: Standard Chartered Bank.
Standard Chartered Bank has become the first foreign bank to open a branch in Israel’s diamond exchange. The bank has been granted a license to operate in the country by the Bank of Israel. The branch will be located in the city of Ramat Gan, which is home to the Israel Diamond Exchange.
Standard Chartered Bank is a British multinational banking and financial services company headquartered in London. It is one of the world’s largest banks by assets, with over $900 billion in assets. The bank has a presence in over 70 countries and territories.
The Israel Diamond Exchange is the world’s largest diamond exchange. It is located in the city of Ramat Gan, Israel. The exchange has over 1,200 members and handles over $20 billion worth of diamonds each year.
The opening of Standard Chartered Bank’s branch in Israel is a significant development for the country’s diamond industry. The bank’s presence will provide Israeli diamond traders with access to a wider range of financial services and will help to boost the country’s diamond exports.
The other options are incorrect.
American Express Bank is an American multinational financial services corporation headquartered in New York City. It is one of the world’s largest credit card issuers. The bank does not have a branch in Israel.
Citi Bank is an American multinational banking and financial services corporation headquartered in New York City. It is one of the world’s largest banks by assets. The bank does not have a branch in Israel.
State Bank of India is an Indian multinational banking and financial services company headquartered in Mumbai. It is the largest bank in India by assets. The bank does not have a branch in Israel.