Bank Hapoalim
Israeli-media coverage mentioning Bank Hapoalim, translated into English and compared across sources. 48 recent stories.
Eagle Properties Cancels Tel Aviv Bond Offering Amid Investor Concerns Over Foreign Debt Risks
American real estate company Eagle Properties canceled its planned 500 million shekel bond issuance on the Tel Aviv Stock Exchange following investor concerns triggered by the col…
How Israeli Banks Price Mortgage Interest Rates and Explain Rate Differences
Israeli banks price mortgage interest rates based on borrower risk, funding costs, and competition across mortgage tracks, leading to rate differences. Mizrahi-Tefahot has the hig…
Israeli Shekel Stable Ahead of Bank of Israel Rate Decision and Jackson Hole Symposium
One week before the Bank of Israel's interest rate decision, the shekel remains stable against the dollar and euro amid global anticipation of the Jackson Hole symposium. Economis…
Senior Israeli Finance Officials Oppose Increasing Taxes on High-Tech Workers Amid Budget Pressures
Israeli Finance Ministry officials oppose raising taxes on high-tech workers' stock options despite proposals from the Tax Authority head. The ministry plans to balance potential…
Tel Aviv Launches Tender for Major Redevelopment of Iconic Sinema Site with Four 46-Story Towers
Tel Aviv's municipality has launched a tender to redevelop the former Sinema site into a mixed-use complex with four 46-story towers, 482 apartments, and extensive commercial and…
Israeli Manufacturers Warn of Massive Export Losses as Banks Cut Palestinian Banking Services
Israeli manufacturers warn that Bank Hapoalim and Discount Bank's planned cessation of banking services to Palestinian banks will cause a 20 billion shekel annual loss in trade, d…
Israeli Real Estate Giants Expand Into Residential Market Amid Office and Retail Yield Declines
Israeli real estate giants Azrieli and Melisron have expanded into residential development to offset declining yields in offices and retail. Melisron’s residential sales nearly tr…
Israeli Ad Industry Embraces AI Automation with Toffu AI Platform Integration
AC Digital will integrate Toffu AI's marketing platform after a successful pilot, signaling a shift to AI-driven automation in Israeli advertising by 2027. Bank Hapoalim launched…
Bezeq's Solelim Project Boosts Mivne's Real Estate Income and Cash Flow
Mivne Real Estate’s occupancy of its Solelim project in Tel Aviv boosted its Q2 2026 net operating income by 10% and AFFO by 15%, driven by increased office leasing and lower expe…
Dalia Energy Secures Financial Closure for Ashkelon Power Project in Ashdod
Dalia Energy secured financial closure and regulatory approval for its Ashkelon Avshal power project in Ashdod, with Bank Hapoalim arranging 5.2 billion shekels in debt and a 20-y…
Lisbon Surpasses Tel Aviv as Europe’s Most Expensive City to Buy a Home
Lisbon has overtaken Tel Aviv as the most expensive European city to buy a home, requiring over 31 years of gross salaries for a 100-square-meter apartment. Tel Aviv now ranks fou…
Average Wages Rise 7% in Israel Amid Workforce Decline and Economic Shifts
Israel's average wages rose 7% last year, driven by a shrinking workforce rather than broad wage gains. About 250,000 Israelis left the labor market since October 2023, especially…
Sky Fund Explores Selling Control of Icon Group, Owner of iDigital in Israel
Sky Investment Fund is exploring selling its controlling stake in Icon Group, Israel's official Apple distributor and owner of iDigital. The company has shown strong financial rec…
Israel's Five Largest Banks Challenge Competition Authority's Concentration Group Designation
Israel's five largest banks have appealed the Competition Authority's designation of them as a concentration group and related deposit regulations. The banks argue the authority o…
Mizrahi Tefahot Reports Profit Decline Amid Mortgage Market Risks in Israel
Mizrahi Tefahot Bank reported a slight profit decline in Q2 2026, driven by lower mortgage interest income amid falling inflation and interest rates. The bank’s large mortgage por…
Israel’s Big Five Banks Post 8.5 Billion Shekel Profit Despite Rate Cuts and Special Tax
Israel’s five largest banks reported a combined net profit of 8.5 billion shekels in Q2 2024, a 2% increase despite lower interest income and a special tax. Credit growth and fee…
Israeli Shekel Stabilizes as Inflation Eases and Economy Shows Strong Growth Ahead of Bank of Israel Meeting
Following July's easing inflation and strong second-quarter GDP growth, the Israeli shekel stabilized above 2.95 against the dollar. Economists see a potential interest rate cut b…
Israel Struggles to Establish Government Company for Palestinian Banking Amid Legal Risks
Israel is struggling to launch a government company to provide banking services to the Palestinian Authority due to legal risks and lack of Palestinian reforms, amid warnings of e…
Israeli Banks Adapt to Lower Interest Rates While Maintaining Strong Profits
Israeli banks face a new era of lower interest rates and easing inflation, making profits from lending tougher. Despite this, major banks reported strong second-quarter results, d…
July Inflation Data Signals Rising Costs Amid Israel's Economic and Security Challenges
Israel's July inflation data, to be released today, signals rising inflation amid escalating defense spending and economic challenges. Prime Minister Netanyahu prioritizes securit…
Bank Hapoalim’s Junior Zone Tops August’s Most Memorable Israeli Ads
Bank Hapoalim’s new children-focused campaign at Tel Aviv Port leads August’s most memorable Israeli ads, followed by Insurance 9 and Keshet 12’s streaming platform. Holiday Finde…
Israeli Couple Living Abroad Discovers Fraudulent 1.2 Million Shekel Mortgage on Their Netanya Apartment
An Israeli couple living in Moscow discovered a forged 1.2 million shekel mortgage on their Netanya apartment, allegedly secured through stolen identities by a fraud network. They…
Bank Hapoalim Moves to Merge Its Tech Subsidiary Matef Into Main Operations
Bank Hapoalim has decided to merge its technology subsidiary Matef into the main bank to enhance efficiency. The move follows labor tensions over contract terms, with management a…
1.3 Million Israeli Children Save in Default Plans Without Parental Choice
Israel's "Savings for Every Child" program has amassed 25.4 billion shekels but faces low parental engagement, leaving 1.3 million children in default investment plans. Most defau…
Discount Bank Reports 8% Profit Rise to 1.2 Billion Shekels Amid Staff Cuts
Discount Bank posted a 7.9% profit increase to 1.2 billion shekels in Q2 2024, with a 14% ROE. The bank plans to cut 600 employees by 2026 and pay a 40% dividend. Credit growth wa…
Bank Leumi Reports Record Quarterly Profit of NIS 2.83 Billion Amid Operational Efficiency Gains
Bank Leumi posted a record quarterly profit of NIS 2.83 billion in Q2 2026, boosting half-year profits to NIS 5.18 billion with improved efficiency and credit growth. Bank Hapoali…
Yaron Zelekha Promises Major Cost-of-Living Cuts, Claims Netanyahu Fears Appointing Him Finance Minister
Yaron Zelekha, leader of Israel's Economic Party, pledges to cut the country's high cost of living by breaking monopolies and reforming economic policies. He revealed that Prime M…
Nine Banks to Be Cut Off from Shekel Transactions with Palestinian Authority by October
Nine banks, mostly Palestinian and Jordanian, will be cut off from Israeli shekel transactions with the Palestinian Authority by October due to terror financing concerns. This wil…
Man Charged with Destroying 26 ATMs Across Israel in Two Weeks
A 40-year-old man from Samaria is charged with destroying 26 ATMs across Israel within two weeks, causing 1.5 million shekels in damage. He was arrested after being caught on secu…
Cal Credit Card Company Reports 6.5% Revenue Growth and Receives 75 Million Shekel Compensation from El Al
Cal credit card company reported a 6.5% revenue increase in Q2 2024 and will receive 75 million shekels from El Al for ending their FlyCard partnership. The company’s consumer cre…
Bank Hapoalim Reports 9% Profit Drop in Q2 2026 Amid Interest Rate Cuts and Rising Credit Losses
Bank Hapoalim's Q2 2026 net profit fell 9% to 583 million shekels due to lower interest income from rate cuts and higher credit losses. Fee income and capital market activity incr…
Bank Leumi Cancels CEO Hanan Friedman's Stock Option Plan Following Banking Regulator Intervention
Bank Leumi has canceled its stock option plan for CEO Hanan Friedman after the banking regulator ruled against tying compensation to a single subsidiary's performance. The bank re…
Tel Aviv Stock Exchange Opens Amid US-Iran Uncertainty and Strong AI Earnings
The Tel Aviv Stock Exchange opened with cautious optimism amid US-Iran tensions and strong AI earnings reports. Israeli banks reported mixed quarterly results, while oil prices hi…
Israeli Entrepreneur Employs Autistic Workers in AI Data Labeling Business, Influencer Mia Dagan Advocates Financial Independence
Tomer Gorovitz founded Point.AI, employing autistic workers in AI data labeling, winning second place in a major Israeli small business competition. Influencer Mia Dagan advocates…
Israeli AI Firm Wonderful AI Plans $500 Million Fundraising Amid Rapid Global Expansion
Israeli AI company Wonderful AI is rapidly expanding globally and preparing a $500 million funding round at a $5 billion valuation, following new contracts in Israel and growth in…
Elbit Systems and Next Vision Stocks Fall Despite Strong Q2 Results Amid New Market Expectations
Elbit Systems and Next Vision reported strong Q2 earnings with record backlogs and significant revenue and profit growth. However, both stocks fell sharply due to high valuation c…
Israeli Court Upholds Bank's Refusal to Accept Returned 3.4 Million Shekels Over Money Laundering Concerns
An Israeli court upheld Bank Hapoalim's refusal to credit a business owner's account with 3.4 million shekels returned by police after a closed investigation, citing money launder…
Stable Trading Marks Summer Lull on Israeli Stock Exchange Amid Bank Earnings Reports
Israel's stock market shows relative calm amid easing uncertainties and stable semiconductor sector, while major banks report earnings this week. High US Treasury yields and upcom…
Investment Manager Recommends Renewable Energy and Chip Sectors, Sees Israeli Market as Reasonably Priced
Dan Bienstock of Poalim Asset Management recommends maintaining exposure to the Israeli market, citing strong growth and declining inflation. He favors renewable energy and semico…
Israeli Banks Slow to Pass Interest Rate Cuts to Depositors Despite Rate Drop
Despite the Bank of Israel lowering interest rates in July 2023, Israeli banks have been slow and cautious in passing these cuts to depositors, maintaining higher loan rates and m…
Sophisticated Scam Targets Israeli Homebuilders and Developers with Fake Municipal Payment Demands
Israeli citizens and developers face a growing scam involving fake municipal payment demands for building permits, with victims losing tens of thousands to millions of shekels. Po…
Bank Hapoalim and Reality Fund Invest 50 Million Euros in European Student Housing
Bank Hapoalim's equity fund invests 50 million euros in Alea Living One, expanding into student housing in Portugal, Spain, and Poland amid rising demand. The move reflects long-t…
Israeli Food-Tech Company Beyond Oil Expands to 14 US Supermarkets with Used Oil Renewal Technology
Israeli food-tech firm Beyond Oil will deploy its used frying oil renewal technology in 14 US supermarkets, expecting over $500,000 in annual revenue. Concurrently, Sephora Collec…
Raz Oded and Bank Hapoalim Acquire Fourth Hotel in Greece on Evia Island
Raz Oded and Bank Hapoalim's ORC LAND have acquired the Evia Riviera Resort on Greece's Evia Island, their fourth hotel in the country, with plans to invest 15 million shekels in…
Tel Aviv Launches Free Interactive Financial Literacy City for Kids at Port
Bank Hapoalim is hosting "Poalim Junior City" at Tel Aviv Port from August 18-27, where children aged 5-13 can work, earn a salary, and learn financial decision-making through int…
Israeli Investors Weigh Election Impact Amid Political Uncertainty and Market Trends
With Israel's upcoming elections in three months, investors analyze historical trends and expert opinions on how political outcomes may affect the stock market. While elections hi…
Carasso Group Leads TV Ad Spending While Fly Card Misses Recall Rankings
Carasso Group's CalMobil led Israeli TV ad spending with 6.6 million shekels, while Fly Card invested 4.5 million but failed to rank in recall. MAX's campaign outperformed Fly Car…
Yaakov Finance Reports Record Profit and Expands Credit Portfolio Beyond 3.35 Billion Shekels
Yaakov Finance, founded by Shaul Navi in 2022, reported a record net profit of 24.1 million shekels and expanded its credit portfolio beyond 3.35 billion shekels. The company decl…