{"id":667,"date":"2019-07-10T13:59:04","date_gmt":"2019-07-10T13:59:04","guid":{"rendered":"https:\/\/safedepositfederation.com\/?p=667"},"modified":"2021-09-29T08:22:44","modified_gmt":"2021-09-29T08:22:44","slug":"israeli-company-plans-major-expansion-of-safe-deposit-box-business-by-acquiring-bank-vaults","status":"publish","type":"post","link":"https:\/\/safedepositfederation.com\/israeli-company-plans-major-expansion-of-safe-deposit-box-business-by-acquiring-bank-vaults\/","title":{"rendered":"Israeli company plans major expansion of Safe Deposit Box business by acquiring bank vaults"},"content":{"rendered":"

As Banks Close Branches, Deposit Boxes Emerge as Separate Business<\/h2>\n

Ruthenium has bought three bank branch vaults and is in talks to buy another three<\/h3>\n

The rise of online banking business and the declining use of cash has caused Israeli banks to shutter branches, especially in the central cities. But many Israelis still keep a lot of cash not to mention…<\/p>\n

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