Bank Hapoalim B.M. was founded in 1921 by the central institutions of the Jewish Settlement (the Yishuv) at the time, the Zionist Histadrut and the Histadrut General Federation of Hebrew Workers in Eretz Yisrael.
Over the course of its history, the bank has developed an extensive network of branches and commercial banking activities, across all areas of banking, and provides a broad range of banking and financial services to its customers. Alongside its activities in Israel, the group also operates overseas and maintains connections with banks around the world.
Activity of the Bank Group in IsraelThe bank group operates in Israel, in all of the various areas of banking and in associated activity in the capital market, through three main units: the Corporate Banking Division, the Retail Banking Division, and the Financial Markets and International Banking Division.
The bank is headed by the Chairman of the Board of Directors. Subordinate to the chairman are the CEO, the Chief Legal Advisor, and the Chief Internal Auditor. Units reporting to the CEO include the Chief Legal Advisor, Corporate Secretary, Spokesperson Office, and Marketing and Advertising.
Other units reporting to the CEO are Human Resources, Corporate Banking, Stakeholder Relations, Risk Management, CFO – Finance, Chief Accountant, Information Technology, Innovation & Strategy, Retail Banking, and Financial Markets and International Banking
Bank Hapoalim has subsidiaries in Israel and overseas, engaged in banking as well as in other areas.
We also invest in a wide range of activities through companies affiliated with the Bank Hapoalim Group, primarily in the Israeli economy.