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ISRAEL AT WAR - DAY 424

Bank Hapoalim Ltd.

Illustrative: An Ireland supporter holds a Palestinian flag on the stands during the Euro 2024 group B qualifying soccer match between Gibraltar and Ireland at the Argarve Stadium, outside Faro, Portugal, Oct. 16, 2023. (AP/Joao Matos)
April 8, 2024, 1:00 pm
Ireland’s sovereign investment fund to divest from six Israeli firms
Irish government will pull investments from Israel’s largest banks plus a supermarket chain active in East Jerusalem and West Bank
By Reuters and ToI Staff
Bank of Israel Governor Stanley Fischer attends a session of the Knesset's Finance Committee on Monday, June 3 (photo credit: Miriam Alster/Flash90)
June 14, 2021, 4:53 pm
Stanley Fischer resigns from Bank Hapoalim board
Fischer, who previously served as the Governor of the Bank of Israel and is a former vice chairman of the US Federal Reserve, leaves Hapoalim after 8 months for ‘personal reasons’
By Shoshanna Solomon
Illustrative photo of a Bank Hapoalim branch on King George street, Jerusalem, November 15, 2013. (Meital Cohen/Flash90)
From the WebMay 13, 2021, 11:37 am
Israel’s Bank Hapoalim Q1 profit jumps on reversal of loan loss provision
Reuters: Israel’s largest lender posts a bigger-than-expected surge in quarterly profit, earning NIS 1.354 billion ($412 million) vs NIS 192 million in Q1 2020
A Bank Hapoalim cash machine. (Yonatan Sindel/Flash90)
May 2, 2021, 3:01 pm
US investment manager BlackRock says it holds 3% stake in Bank Hapoalim
Investor now considered a ‘significant stakeholder’ in the bank, according to Israeli regulation
By Shoshanna Solomon
A Bank Hapoalim cash machine. (Yonatan Sindel/Flash90)
From the WebMarch 11, 2021, 9:49 am
Israel’s Bank Hapoalim moves fourth quarter profit, loan deferments sink
Reuters: Israel’s largest bank earned NIS 915 million ($267 million) in the October-December period, compared with a net loss of NIS 629 million in the fourth quarter of 2019
Governor of the Bank of Israel Amir Yaron attends a press conference on March 31, 2019. (Yonatan Sindel/Flash90)
February 11, 2021, 4:08 pm
Central bank may go beyond $30 billion forex buy to tame mighty shekel
Bank of Israel head hints more spending may come after initial announcement of massive foreign currency purchase fails to curb shekel; bank is ‘fighting gravity,’ says top analyst
By Shoshanna Solomon
Bank Hapoalim CEO Dov Kotler, right, meets with CEO of the National Bank of Bahrain Jean-Christophe Durand in Manama, Bahrain in Nov. 2020 (Courtesy)
January 17, 2021, 12:22 pm
Israeli lenders Hapoalim and Leumi sign accords with National Bank of Bahrain
‘Historic’ memorandums of understanding seen as paving the way for business parties in both nations to tighten economic ties
By Shoshanna Solomon
Illustrative photo of Israeli shekels. (Sophie Gordon/Flash90)
December 3, 2020, 2:55 pm
Shekel continues gain on dollar, shrugging off shadow of elections
US currency drops to NIS NIS 3.2731 to the dollar Thursday afternoon in seventh day of declines, as dollar weakens globally amid expansionary policies, Bank Hapoalim says
By Shoshanna Solomon
Bank Hapoalim CEO, Dov Kotler, left, and Arif Amiri, the CEO of Dubai International Financial Center (DIFC) on Sept. 8, 2020 (Courtesy)
November 22, 2020, 4:04 pm
Israel’s Bank Hapoalim signs accords with Dubai, Abu Dhabi financial hubs
‘Historic’ agreements will enable the lender to give customers easier access to banks, investors, and tech firms that are part of the DIFC and ADGM financial centers
By Shoshanna Solomon
Bank Hapoalim delegation of Israeli businesspeople, led by Dov Kokler, rings the bell to begin the day's trading at the NASDAQ Dubai exchange in Sept. 2020. The delegation was welcomed by the exchange's president, Hamed Ali, and the president and the CEO of the Dubai stock exchange, Hassan Abdul Rahaman Alserka (Courtesy)
November 3, 2020, 2:18 pm
Delegation of 200 Israelis to visit UAE to forge business, tech ties
Entrepreneurs, scientists, businesspeople to meet local investors, finance and government entities, and tech firms, in visit organized by Bank Hapoalim and Israel Export Institute
By Shoshanna Solomon
Illustrative photo of 200 new Israeli shekel bills, February 7, 2016. (Nati Shohat/Flash90)
September 10, 2020, 2:52 pm
Why, amid collapsing economy wracked by COVID, is shekel near a 12-year high?
The shekel-dollar rate went below psychological threshold of NIS 3.40 to the dollar on September 1, the Israeli currency’s strongest level since July 2008
By Shoshanna Solomon
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