Bank Hapoalim

Bank Hapoalim, founded in 1921, is one of the largest banks in Israel. With a concentration on retail banking, the bank provides a wide range of financial services to retail, corporate, and institutional customers. Loans for mortgages, real estate, working capital, and lines of credit; asset-based loans; letters of credit; time deposits; loan sweep and zero balance accounts; foreign currency drafts; and credit and debit cards are among its products. Bank Hapoalim also offers cash management, foreign securities, trust, asset management, money transfers, treasury and foreign exchange, online banking, and trade financing, among other services. Bank Hapoalim is a major player in the Israeli banking industry, with a sizable market share.

Bank Hapoalim is well-represented in global financial markets. It has nearly 600 ATMs (automated teller machines) across Israel, 7 regional business centers, 250 branches, 22 business branches, and industry desks for significant corporate customers. The stock of the bank is traded on the Tel Aviv Stock Exchange. The bank has several international subsidiaries, including Poalim Asset Management (UK) Limited in the City of London, and BHI Private Banking in the United States (New York City, California, and Miami), as well as BHI Private Banking in Switzerland, Zurich, Geneva, Luxembourg, South America, and the Cayman Islands.

Bank Hapoalim's board of directors and management approved the implementation of a multi-year strategic plan for 2023-2026 in order to position the bank as a "leading" institution in Israel. The plan's three pillars are designed to reinforce the bank's core banking leadership, increase productivity, and encourage innovation.

Founded: 1921
Headquarters: Tel Aviv, Israel
Website: https://www.bankhapoalim.com/