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Bank Hapoalim Announces Third Quarter 2017 Financial Results

Net Profit totaled NIS 469 million, Return on Equity of 5.3% Net Profit, excluding provisions in respect of US Investigation and discontinuation of activity in Switzerland, totaled NIS 861 million and Return on Equity would have been 9.9%. Dividend payment in respect of third quarter profits totaled NIS 188 million.

Bank Hapoalim Named The Banker Magazine’s Bank of the Year in Israel for 2017

The magazine’s publisher: “This win testifies to Bank Hapoalim’s strong management and sound business strategy” * The award is considered the Oscars of the global banking industry * Bank President and CEO Arik Pinto: “Our win is international recognition that Hapoalim is the leading bank in Israel thanks to its strategy of ‘Personal, Human and Technological,’ the dedication of our employees and the loyalty of our customers”

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