Bank Hapoalim
Israeli-media coverage mentioning Bank Hapoalim, translated into English and compared across sources. 48 recent stories.
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…
Bank of Israel Enables Israeli Banks to Report Under US GAAP, Opening Door to Wall Street Listings
The Bank of Israel has proposed allowing Israeli banks to report financials under US GAAP, facilitating dual listings on Wall Street. This change could attract more foreign invest…
Israeli Businessman Dudi Apple Suspected of Hiding Assets During Bankruptcy Process
Israeli businessman Dudi Apple is suspected of hiding tens of millions of shekels in real estate assets during bankruptcy, aided by Michael Kleiner and the Dayan brothers. Authori…
Israeli Tax Authority Plans Higher Tax on Tech Stock Options, Lower Income Tax
Israel's Finance Ministry and Tax Authority are considering raising taxes on high-tech employee stock options while lowering income tax on salaries to boost state revenues amid ri…
Israeli Banks Plan to Cut Financial Transfers to Palestinian Authority, Threatening Economic Stability
Israeli banks Discount and Bank Hapoalim plan to stop financial transfers to the Palestinian Authority by late 2024, risking a major economic crisis in the Palestinian territories…
Israeli Bank Stocks Surge in July Ahead of Earnings Reports
Israeli bank stocks rallied sharply in July, led by Mizrahi Tefahot and Bank Hapoalim International, ahead of second-quarter earnings reports starting next week. The surge reflect…
Mizrahi Tefahot Bank Invests NIS 99 Million in Waste Management Company Mafaat
Mizrahi Tefahot Bank invested NIS 99 million in Mafaat, a waste management company, aiming to support its growth and public listing within five years. The deal includes options fo…
Bank Hapoalim Launches Summer Campaign Offering Young Israelis 250 NIS Bonus for Opening Youth Accounts
Bank Hapoalim is offering a 250 NIS bonus to Israelis aged 14-20 who open a youth account and order a card this summer, aiming to promote financial literacy among young people, in…
Bank Hapoalim Launches Major Summer Campaign to Promote Financial Literacy Among Youth
Bank Hapoalim has launched a summer campaign offering youth aged 14-20 a tailored bank account and a 250 shekel bonus to promote financial literacy, running until August 2026 or u…
Investment Manager Recommends Stable Israeli Stocks Like Buying a Bunker
Eitan Etzioni, founder of a boutique investment firm, recommends value investing in stable Israeli companies and government-related bonds, avoiding macroeconomic forecasts. He hig…
Most Israelis Hesitate to Switch Banks Despite Easy Online Transfers and Financial Benefits
Despite extensive price comparisons in other areas, most Israelis rarely switch banks, often due to low financial literacy and psychological barriers. The 2021 "Switch in a Click"…
Japanese Yen Strengthens After Coordinated Intervention; Israeli Shekel Stable Against Dollar
Japan and the U.S. jointly intervened in currency markets to strengthen the yen, which rose sharply against the dollar. Meanwhile, Israel's shekel remained stable with slight fluc…
Fattal Europe 2 Fund Completes £220 Million Deal for Historic London Hotel
Fattal Europe 2 fund has completed a £220 million acquisition of The Dilly hotel in London, including leasehold rights and plans for a £60 million renovation. The deal was partly…
Israeli Banks Lose Majority Control of National Payment Clearing Center Board
Israel's largest banks have lost majority control of the Bank Clearing Center's board, replaced by fintech and digital bank representatives as part of a regulatory effort to boost…
Workers Escalate Dispute at Bank Hapoalim's Tech Arm Over Work Conditions
Workers at Matef, Bank Hapoalim's tech division, escalate their labor dispute by expanding strikes after management changed work arrangements and negotiations broke down. The comm…
Israeli High-Tech Layoffs Surge in 2024 Amid AI Shift, Experts Advise on Stock Options
In 2024, over 10,000 Israeli high-tech workers were laid off amid AI-driven industry changes. Experts advise employees to promptly exercise stock options, wait two years before se…
Bank Hapoalim Tops Israeli Ad Recall and Favorability Rankings for Third Time
Bank Hapoalim leads Israeli ad recall and favorability rankings for the third consecutive week, driven by a year-long campaign featuring presenters Hila Korach and Liat Har Lev. E…
Kama-Tech Launches New Accelerator Cycle to Boost Ultra-Orthodox High-Tech Startups
Kama-Tech has launched a new accelerator cycle for ultra-Orthodox entrepreneurs, selecting ten startups from over 200 applicants. The program offers training and mentorship in par…
Mizrahi Tefahot Bank Cuts Dozens of Matrix Employees as AI Tools Replace Manual Work
Mizrahi Tefahot Bank's digital project with Matrix has led to about 40 employees being reassigned or laid off due to AI integration. The bank and Matrix agreed to change the proje…
BHI Provides $40 Million Guarantee Framework to Support Doral Renewables' US Clean Energy Projects
BHI, Bank Hapoalim's US commercial arm, is providing a $40 million guarantee framework to support Doral Renewables' development of renewable energy projects in the US. This partne…
Bank Hapoalim Appoints Eyal Reuven as CEO of Poalim Asset Management
Bank Hapoalim has appointed Eyal Reuven as CEO of its fully owned subsidiary Poalim Asset Management, succeeding Avishai Kraoni. Reuven, with over 20 years in investment managemen…
