Bank Hapoalim

It is the largest bank in Israel and is responsible for offering financial and banking services to corporate and individuals clients in the country. It provides consumer, corporate, investment, and private banking services to its clients.

History

It was created by the Israeli trade union congress (Histadrut) and the Zionist Organization in 1921. The bank belonged to Histadrut until 1983 and then was under government control until 1996 when it was acquired by Ted Arison and a group of investors. It is established in several countries in the world, with more than 600 ATMs and 250 branches. In 2014, Danske Bank placed Bank Hapoalim blacklisted due to its participation in Palestine, and then that decision was reversed a year later.

Routing Number

The route number consists of 9 digits that represent the efficiency and guarantee in a bank transfer: 026008866.

Number of Employees

The bank has approximately 13,581 employees.

Rating

The rating is the evaluation of a bank and the risks it can take in case of not paying a debt. Moody’s, S&P, and Fitch are the agencies in charge of it.

Bank Hapoalim has a rating of:

  • Moody’s = A2.
  • S&P = A.
  • Fitch = A.

A2 (Moody’s) = It has medium-high quality, low credit risk, but with elements that suggest a susceptibility to long-term deterioration.

A (S&P Global) = The economic situation could affect financing.

A (Fitch) =It has high solvency capacity and low risk of default.

Headquarters

The headquarters of the entity is in the city of Tel Aviv, Israel.

Website

If you want to know more about this bank, enter through its website: http://bankhapoalim.com/.

Services

One of its specialties is to offer foreign trade services for importers and exporters in the country. It also provides letters of credit, documentary collections, consultation services, payments and open account transactions, supplier credit, refunds, internal and external payments. It also includes treasury, brokerage, custody, and corporate banking services.

Contact

  • Address: 50th Rothschild Boulevard, Tel Aviv, 66883
  • Phone Number: +972 36532407