
Bank Hapoalim is one of the largest banks in Israel, with a long history dating back to 1921. It was founded by a group of Jewish immigrants who wanted to create a bank that would serve the needs of the growing Jewish community in Palestine.
The bank's headquarters is located in Tel Aviv, Israel, and it has a significant presence in the country's financial market. Bank Hapoalim offers a wide range of services to its customers, including personal and corporate banking, investment services, and online banking.
Bank Hapoalim has a strong network of branches and ATMs across Israel, making it easily accessible to its customers.
About the Company
Bank Hapoalim is an Israel-based company that has been around since 1921. It's been a long time, but they've managed to stay relevant and successful.
The company operates in Israel and abroad, providing banking and financial services to a wide range of customers. They have a significant presence in the market, with a large number of employees - over 8,200 people work for them.
Their activities are divided into several segments, including households, private banking, and large businesses. This diversification helps them reach a broad customer base and stay competitive.
Here are some key statistics about Bank Hapoalim's financial performance:
- Revenue in ILS (TTM): 35.13 billion
- Net income in ILS: 7.84 billion
You can find them at their headquarters in Tel Aviv-Yafo, Israel, or visit their website at https://www.bankhapoalim.co.il.
Leadership and Governance
Bank Hapoalim has had a long and storied history of leadership, with a diverse group of individuals serving as chairpersons of the bank's board of directors.
Yitzhak Bareli was the first chairperson, serving from 1951 to 1955.
Avraham Zivarski took over the role from 1956 to 1968, marking a significant period of growth for the bank.
Yaakov Levinson was a notable chairperson, serving from 1968 to 1976 and also holding the title of Chairman of the Board of Directors.
Naftali Blumenthal served as acting chairman during Levinson's stay in the U.S. and later became a Knesset member.
Ephraim Reiner was a prominent chairperson, serving from 1978 to 1985 and holding the title of Chairman of the Board of Directors.
Eitan Berglas was a highly respected chairperson, serving from 1985 to 1992 and also holding the title of Chairman of the Board.
Emmanuel Sharon was a trailblazer, becoming the first chairperson to be officially titled Chairperson of the Bank in 1992.
Here is a list of the chairpersons of Bank Hapoalim's board of directors:
Shlomo Nehama served as chairperson from 1998 to 2007, marking a period of stability for the bank.
Dani Dankner resigned in 2009 following pressure from the Bank of Israel.
Yair Seroussi served as chairperson from 2009 to 2017, guiding the bank through a period of significant change.
Oded Eran passed away shortly after announcing his retirement in 2020.
Reuven Krupik has been the current chairperson since 2020.
Financial Operations
Bank Hapoalim's financial operations are centered around providing a wide range of banking services to its customers. The bank's operations are designed to be efficient and convenient, with a focus on meeting the diverse needs of its clients.
The bank offers a variety of account types, including checking and savings accounts, as well as specialized accounts for businesses and individuals. Bank Hapoalim's accounts are known for their flexibility and accessibility, making it easy for customers to manage their finances.
The bank's financial operations are also supported by a robust online platform, allowing customers to access their accounts and conduct transactions remotely.
Financial Markets and International Division
The Financial Markets and International Banking Division plays a vital role in coordinating the bank group's activities in various capital market areas.
This division offers a wide range of services, including securities trading, securities custody, currency and derivatives trading, research and consulting services, and investment banking.
One notable project undertaken by this division is the development of the "Bit" payment application.
The division also provides support for financial asset managers and investment portfolio management services.
Recommended read: How Do Investment Banks Differ from Commercial Banks
BM
BM stands for BM, which refers to a specific type of financial instrument. In the context of the article, BM seems to be associated with banks, as seen in the tables provided. For example, Bank Hapoalim BM has a market cap of 65.08 billion.

BM shares tend to be more volatile, with a beta of 1.1068, as seen in Example 2. This means that the value of BM shares can fluctuate more rapidly than other financial instruments.
BM shares have shown significant growth over the past year, with a 1 Year change of +46.53%, as seen in Example 2.
Here's a breakdown of the BM shares' performance:
BM shares' performance can be affected by various factors, including the overall market conditions and the bank's financial health.
Security and Compliance
Bank Hapoalim prioritizes security and compliance, with a dedicated team that monitors transactions in real-time to prevent unauthorized activity. This team is responsible for detecting and preventing cyber threats.
The bank's robust security measures include advanced encryption technology to protect customer data. This ensures that sensitive information remains confidential and secure.
Bank Hapoalim is also committed to regulatory compliance, adhering to strict guidelines set by the Bank of Israel and the Israeli government. This includes regular audits and risk assessments to ensure the bank's operations meet the highest standards.
Expand your knowledge: Bank Hapoalim Swift Code
The bank's compliance team works closely with regulatory bodies to ensure all necessary documents and reports are submitted on time. This proactive approach helps maintain a strong reputation and build trust with customers.
Bank Hapoalim's security and compliance measures are designed to provide customers with peace of mind, knowing their financial information is secure. This focus on security and compliance has earned the bank a reputation as a trusted financial institution.
Online Services
Bank Hapoalim offers a variety of online services to its customers, making it easy to manage your finances from the comfort of your own home.
You can access your account information, including your account balance and transaction history, 24/7 through their online banking platform.
Their online platform also allows you to pay bills, transfer funds, and even invest in the stock market.
With Bank Hapoalim's mobile banking app, you can check your account balance and recent transactions on the go.
Their online services are secure and protected by advanced encryption technology, giving you peace of mind when banking online.
You can also use their online services to order checks and credit cards, and to set up automatic payments for your regular bills.
Bank Hapoalim's online services are available in multiple languages, making it easy for international customers to use their services.
Explore further: Banks and Banking Services
Frequently Asked Questions
Which Israeli banks have branches in the US?
Several Israeli banks have a presence in the US, with branches and subsidiaries in major cities including New York, Miami, Chicago, California, and Florida. These banks include Bank Hapoalim, Bank Leumi, Israel Discount Bank, and Mizrahi-Tefahot.
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