Bank Hapoalim
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Bank Hapoalim

Company nameBank Hapoalim Ltd.
Company typePublic company (B.M, Israel) (Tase - POLI
IndustryBanking Financial services
FoundedIsrael , 1921
HeadquartersTel Aviv, Israel
Key peopleShari Arison, Owner
Danny Dankner, Chairman
Zion Kenan , President & CEO
ProductsCurrent Accounts, Savings, Credit Cards, Mortgages, Trust Services, Foreign Securities, Foreign Currency
Employees13,581 worldwide

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Bank Hapoalim ( lit. Bank of the Workers) is Israel’s largest bank . As of 31 December 2008 it had total consolidated assets of NIS 306.85 billion . The Bank has a significant presence in global financial markets. In Israel, the Group has over 260 full-service branches, eight regional business centers, and industry desks for major corporate customers.
The bank's stocks are traded on the Tel Aviv Stock Exchange

In 2008, Bank Hapoalim recorded a net loss of NIS 895 million. During the financial crisis, the bank sold its New York-based mortgage backed security operations significantly below its former book value which was the main reason for the negative performance that year. In the first half of 2009, the bank was profitable, reporting net profits of NIS 424 million.

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Thu: TASE falls as shekel gains - Globes Tweet this news
Globes--Bank Leumi fell 2.6% and -Bank Hapoalim- fell 1.6%. The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.9% to 1216.38 points, ... - Date : Thu, 07 Oct 2010 15:14:09 GMT+00:00
Shari Arison offers Hapoalim bloc - Globes Tweet this news
Globes--Shari Arison, holder of the controlling interest in -Bank Hapoalim-, approached Swiss investment bank UBS today with a request to sell shares in the bank to ... - Date : Tue, 05 Oct 2010 20:58:28 GMT+00:00
Bank Hapoalim looks to expand business with Turkey - Jerusalem Post Tweet this news
Jerusalem Post--WASHINGTON - Despite recent tensions between Ankara and Jerusalem, -Bank Hapoalim- still sees Turkey as a major focus for future business. ... - Date : Sun, 10 Oct 2010 21:15:32 GMT+00:00
Shari Arison presents vision at NY Stock Exchange - Globes Tweet this news
Globes--Doing good is good business," said Arison Holdings Ltd. owner Shari Arison, who also controls -Bank Hapoalim- (TASE: POLI), in a speech at the New York Stock ... - Date : Wed, 20 Oct 2010 16:13:37 GMT+00:00
Mizrahi, Hapoalim to back Delek Auto CEO - Globes Tweet this news
Globes--Banking sources told "Globes" that -Bank Hapoalim- (TASE: POLI) will head a syndicate to finance the deal, together with Mizrahi Tefahot Bank (TASE:MZTF), ... - Date : Wed, 20 Oct 2010 10:40:51 GMT+00:00
Hapoalim Bank Switzerland taps Sterci for STP - Finextra Tweet this news
Finextra--Sterci, the leading international software provider of SOA solutions for STP, today announced that -Hapoalim Bank- Switzerland Ltd completed the migration to ... - Date : Fri, 22 Oct 2010 13:02:31 GMT+00:00
Israel PMI edges up to 50.9 in September - Port2Port Tweet this news
Port2Port--According to data released last week by -Bank Hapoalim- and the Israeli Purchasing Managers' Association, Israel's purchasing managers' index (PMI) rose by ... - Date : Sun, 17 Oct 2010 15:37:58 GMT+00:00
Markets in Brief - Ha'aretz Tweet this news
Ha'aretz--(Vadim Sviderski ) The purchasing managers index, compiled by -Bank Hapoalim- and the Israel Purchasing and Logistics Managers Association, increased by 0.3% ... - Date : Thu, 14 Oct 2010 23:55:19 GMT+00:00
Purchasing Managers Index still indicates expansion - Globes Tweet this news
Globes--The Israel Purchasing Managers Index, compiled by -Bank Hapoalim- and the Israel Purchasing and Logistics Managers Association, rose by 0.3% in September 2010 ... - Date : Thu, 14 Oct 2010 13:53:57 GMT+00:00
Barclays: Investors have "interest and ability" for Discount offering - Globes Tweet this news
Globes---...- when making a longer term investment decisions. Barclays says its top fundamental pick among the Israeli banks remains -Bank Hapoalim- (TASE: POLI).--- - Date : Thu, 14 Oct 2010 12:43:49 GMT+00:00

Companies of the TA-25 Index on TASE (as of Januray 2010)

Teva Pharmaceutical Industries * BAZAN - Oil Refineries * Bezeq - The Israel Telecommunication Corp * Cellcom * Delek Group * Israel Discount Bank * Discount Investment Corporation * Elbit Systems * Harel Group * Israel Chemicals * Israel Corporation * Delek Drilling LP * Bank Leumi * MA Industries * Avner Oil Exploration LP * Bank Mizrahi-Tfahot * NICE Systems * Ormat Industries * Partner Communications Company * Paz Oil Company * Perrigo Company * Bank Hapoalim * Strauss Group * Osem * Gazit-Globe *

Commercial banks in Israel

Bank Hapoalim * Bank Leumi * First International Bank of Israel * Bank of Jerusalem * Dexia Israel Bank * Arab Israel Bank * Israel Discount Bank * Bank Otsar Ha-Hayal * Union Bank of Israel * Bank Mizrahi-Tfahot * U-Bank *



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