Bank Hapoalim (OTCMKTS:BKHYY) was founded in 1921 by the Histadrut federation and is headquartered in Tel Aviv. As Israel’s largest banking group, it provides a full spectrum of financial services to individual, corporate and institutional clients. The bank’s domestic network comprises hundreds of branches and ATM locations across the country, complemented by digital and mobile banking channels.
The bank’s product offering spans retail banking products such as current and savings accounts, credit cards, mortgages and personal loans, alongside robust corporate and commercial lending solutions. Through its private banking division, Bank Hapoalim delivers wealth management, portfolio advisory and trust services. Its investment banking arm handles capital markets transactions, mergers and acquisitions advisory and debt issuance, while the asset management subsidiary oversees mutual funds and institutional mandates. Additionally, the group provides insurance brokerage and specialized trade finance services.
On the international front, Bank Hapoalim serves overseas clients through branches in New York and London, subsidiary operations in Zurich and Luxembourg, and representative offices in select European markets. These units support cross-border trade, international cash management and global treasury activities for multinational corporations, diaspora investors and institutional counterparties.
Zion Kenan serves as the bank’s chief executive officer, leading its strategy on digital transformation, innovation and sustainability. Bank Hapoalim is listed on the Tel Aviv Stock Exchange, and its American depositary receipts trade over-the-counter in the United States under the ticker BKHYY. The group is regulated by the Bank of Israel and adheres to international banking standards and best practices.
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