Automatic Bank Services - ABANF stock

From OTC Wiki

OTC Symbol: ABANF | OTC Tier: Pink Limited | Related ticker symbols: TLV:SHVA

Introduction[edit]

Automatic Bank Services Ltd (OTC: ABANF, TLV: SHVA) strives to be a financial markets leader in Israel.[1]

Activities[edit]

  • National infrastructure hub for credit card clearing
  • Distributors and manufacturers
  • Clearers and issuers for all credit card companies
  • Business services to distributors and manufacturers
  • ATM device certificate switch management

Stakeholders[edit]

Some of the stakeholders in the company include:

  • MasterCard
  • Leumi Bank inc
  • Israel Discount Bank Ltd.
  • Visa International Service Association
  • The First International Bank of Israel Ltd.
  • Harel Insurance and Finance Ltd.
  • Bank Poalim Israel Ltd.

Financials[edit]

For the year ending 12/31/2020 the company reported total revenue of $85,203,000 and net income of $27,120,000.[2]

  1. shva.com.il. About Us. Retrieved on 4/10/2023.
  2. Yahoo Finance. ABANF Stock Profile. Retrieved on 4/10/2023.

The page is authored by: Caesar