Industrial Development Bank Of Israel Inactive
Filed: 4 Feb 09, 12:00am
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
FILING NO. 1 FOR THE MONTH OF FEBRUARY 2009
INDUSTRIAL DEVELOPMENT BANK OF ISRAEL LIMITED
(Translation of Registrant's name in English)
82 MENAHEM BEGIN ROAD, TEL AVIV, ISRAEL
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:
Form 20-F [X] Form 40-F [_]
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7): ____
Indicate by check mark whether the registrant by furnishing the information
contained in this Form, the registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes [_] No [X]
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-________
INDUSTRIAL DEVELOPMENT BANK OF ISRAEL LIMITED
At the meeting of the Board of Directors of the Industrial Development Bank of
Israel Limited ("Registrant") which was held on December 4, 2009, it was
resolved to approve the Registrant's unaudited financial statements as of
September 30, 2008.
A translation of the Financial Statements as of September 30, 2008 issued by the
Registrant is included as Exhibit 1 to this Form 6-K.
FORWARD-LOOKING STATEMENTS
This report on Form 6-K, including the financial statements as of September 30,
2008 (a copy of which is included in this report on Form 6-K as Exhibit 1),
contains both historical and forward-looking statements within the meaning of
Section 27A of the U.S. Securities Act of 1933, as amended (the "Securities
Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"). These forward-looking statements are not historical facts, but
only predictions, and generally can be identified by the use of statements that
include phrases such as "believe," "expect," "anticipate," "intend," "plan,"
"foresee" or other words or phrases of similar import. Similarly, statements
that describe our objectives, plans or goals also are forward-looking
statements. These forward-looking statements are based on our current
expectations and are subject to risks and uncertainties that could cause actual
results to differ materially from those currently anticipated. The
forward-looking statements included in this report on Form 6-K and the financial
statements are made only as of the date hereof and we undertake no obligation to
publicly update these forward-looking statements to reflect new information,
future events or otherwise.
Our actual results, performance and achievements could differ materially from
any future results, performance or achievements expressly predicted or implied
by these forward looking statements. The important factors which may cause
actual results to differ from the forward-looking statements contained herein
and in the Immediate Report include, but are not limited to, the following:
general economic and business conditions; the implementation of the government's
resolution concerning the privatization of the Bank and the implementation of
the arrangement and compromise scheme between the Bank and its shareholders
regarding, among other things, the sale of the shares of the Bank, a scheme
which was approved by the Bank's shareholders on October 30, 2008 and November
6, 2008 and by the Tel Aviv District Court on November 24, 2008; the
government's resolutions regarding our future operations; our ability to collect
on existing loans; operating costs for our remaining business activities; and
the ability to retain employees for our remaining business activities. Although
we believe that the assumptions underlying the forward-looking statements
contained herein and in the Immediate Report are reasonable, any of the
assumptions could be inaccurate, and therefore, there can be no assurance that
the forward-looking statements will prove to be accurate. In light of the
significant uncertainties inherent in the forward-looking statements included
herein and in the 2007 annual financial report, the inclusion of such
information should not be regarded as a representation by us or any other person
that our objectives and expectations will be achieved.
Potential investors and other readers are urged to consider these factors
carefully in evaluating the forward-looking statements and are cautioned not to
place undue reliance on these forward-looking statements. In light of these
risks, uncertainties and assumptions, the forward-looking events might or might
not occur. We cannot assure you that projected results or events will be
achieved.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
INDUSTRIAL DEVELOPMENT BANK
OF ISRAEL LIMITED
Date: February 4, 2009 By: /s/ Michael Warzager
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Michael Warzager
General Counsel
By: /s/ Natan Atlas
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Natan Atlas
Corporate Secretary