Bank Hapoalim, the largest financial services group in Israel ($7B MCap 11/2015), offers diverse services ranging from basic banking to complex financing of large scale projects. In line with the Arison Investments vision Doing Good is Good Business, the bank operates to instill tools and methods for attaining Financial Freedom to all its customers.
In more than 90 years of operation, the bank developed an extensive branch network, commercially operating in all areas of banking. With over 14,000 employees, the Bank Group is the leader in the Israeli banking industry in corporate lending, Internet banking and credit card activities, and is repeatedly ranked Israel's Best Bank by the three leading financial magazines The Banker (2011, 2012, 2015), Global Finance (2012, 2013, 2014, and 2015), and Euromoney (2012, 2013, 2014, and 2015).
The bank group also operates abroad via branches, representative offices, subsidiaries, and through relationships with some 2,400 correspondent banks worldwide. Through equity-basis investees, it holds investments, primarily in the areas of insurance and real estate.
Sustainability and CSR are at the heart of the bank's corporate ethics, offering all its customers tools to attain Financial Freedom.
The bank provides customers with the knowledge, practical assistance, and tools to independently make wise financial choices and attain Financial Freedom. On top of its active membership in the UN Global Compact initiative, the bank has scored highly on leading international Corporate Social Responsibility (CSR) indexes, including ISO14001, FTSE4Good Relative Environmental Social and Corporate Governance (ESG) score of 99, Global Reporting Initiative (GRI) index highest Platinum A+ grade three years in a row (the only listed Israeli company to achieve this level), Israel's Corporate Responsibility TASE (MAALA) and Midroog (subsidiary of Moody's) indices highest Platinum Plus grade, and Israeli Beyond Business Transparency Index ranking No. 1 (out of 100 financial companies).
For long term foreign currency activity, international rating agencies have highly positioned the bank, including Moody's: A2, Standard & Poor's: A-, Fitch: A-. In Israel, Midroog (subsidiary of Moody's) and S&P Maalot (Israel Securities Rating Company) issued an Aaa/AAA rating for the bank.
On Bank Hapoalim's senior management, are Chairman Yair Seroussi, and President and CEO Zion Kenan.
For more, visit the Bank Hapoalim website.