Bank Hapoalim B.M. · Tel Aviv Israel ·(Tel Aviv: POLI)
Company Description
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The largest bank in Israel, Bank Hapoalim caters to individual, commercial, and corporate clients at home and abroad. Within Israel, the Bank Hapoalim Group has more than 260 full-service branches and business centers. Another 30 express branches are in the works. Overseas, it has about 45 branches, correspondent offices, and financial subsidiaries in North America, Latin America, Asia, and Europe; its international focus is on private banking and in the corporate sector. Bank Hapoalim provides investment banking services including the underwriting of and investment in companies; it also provides trust services to individuals and businesses. To read the full description, subscribe now.
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Key Bank Hapoalim B.M. Financials
| Company Type | Public - Tel Aviv: POLI Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $2,117.5 |
| 2008 Employees | 13,581 |
Bank Hapoalim B.M. Executives
28 executives listed for Bank Hapoalim B.M.'s Tel Aviv, location.
| Title | Name & Bio | Contact |
| Chairman | Yair Seroussi | Network |
| CEO and Head Corporate Banking | Zion Kenan | Network |
| CFO | Ran Oz | Network |
Competition
Competitive Landscape for Bank Hapoalim B.M.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Bank Hapoalim B.M. Competitors
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