Bank Hapoalim (OTCMKTS:BKHYY) was founded in 1921 as the Anglo-Palestine Bank under the auspices of the Jewish Colonial Trust in London. Headquartered in Tel Aviv, it has grown to become Israel’s largest banking group, serving millions of customers across retail, corporate and institutional segments. The bank offers a full suite of financial products and services, blending traditional banking with modern digital solutions to meet evolving client needs.
In its retail division, Bank Hapoalim provides checking and savings accounts, mortgages, consumer loans, credit cards and wealth management services. The corporate and commercial banking arm caters to small and medium-sized enterprises as well as large corporates, offering working-capital financing, trade finance, treasury solutions and advisory services. On the institutional side, the bank acts as an underwriter and arranger in debt and equity capital markets, supports M&A transactions and manages liquidity for public sector entities.
Internationally, Bank Hapoalim operates through branches and representative offices in key financial centers, including New York, London and Zurich, and maintains subsidiaries in Romania, Poland and Luxembourg. These overseas outposts support cross-border trade, provide private banking and asset management services and facilitate correspondent banking relationships. The bank continues to expand its digital footprint, delivering mobile-first platforms and online trading capabilities to global clients.
Over its century-long history, Bank Hapoalim has steered through regional and global financial cycles, adapting its strategy under progressive leadership. Today it is led by President and Chief Executive Officer Dov Kotler, who oversees a board of directors focused on strengthening risk management, enhancing customer experience and advancing environmental, social and governance (ESG) initiatives. This strategic outlook positions the bank for sustainable growth in both domestic and international markets.
