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First International Bank of Israel

A woman takes out money from a Bank HaPoalim ATM machiine in Tel Aviv on December 9, 2024. (Miriam Alster/FLASH90)
May 6, 2026, 11:11 pm
Israel’s competition watchdog declares top 5 banks an oligopoly, targets deposits
Hapoalim, Leumi, Mizrahi Tefahot, Discount and First International control 98% of banking sector’s assets, competition watchdog says; critics denounce their huge profits, excessive fees
By Sharon Wrobel
The Bank of Israel's main offices in Jerusalem, January 2, 2023. (Yonatan Sindel/ Flash90)
February 26, 2025, 4:50 pm
Israeli banks told to set aside $839m to offer customers lower fees and other benefits
Bank of Israel urges banks profiting from high interest rates to provide benefits, as households, small businesses, and other war-affected populations struggle to make ends meet
By Sharon Wrobel
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
Ilustrative: Offices of Discount and Hapoalim banks in the center of Tel Aviv (Miriam Alster/ FLASH90)
February 14, 2024, 7:26 pm
After credit downgrade, Moody’s lowers deposit ratings of Israel’s five largest banks
Lower rating increases borrowing costs for banks, which in turn will likely be passed on to consumers and lead to higher lending rates
By Sharon Wrobel
Prime Minister Benjamin Netanyahu attends a Knesset session on March 20, 2023 (Erik Marmor/Flash90)
March 21, 2023, 2:35 pm
5 bank heads to PM: Stop overhaul immediately, you’ll turn Israel into dictatorship
Top business leaders call on PM to halt contentious legislative process, saying it ‘undermines the foundations of democracy’ and will damage economy and society as a whole
By ToI Staff
Shaul Elovitch, Bezeq's controlling shareholder (Calcalist screenshot)
December 21, 2017, 1:27 pm
Israeli banks reportedly clamoring for Bezeq sale
3 financial institutions go to court in bid to pressure Bezeq controlling shareholder Shaul Elovitch to sell his stake to repay debt, Calcalist says
By Shoshanna Solomon
Illustrative: First United Methodist Church in Huntington, West Virginia, USA, November 17, 2007. (Wikipedia/JaGa/CC BY-SA 4.0)
January 13, 2016, 7:53 am
Methodist pension board divests from 5 Israeli banks
Move comes to pressure Israel over settlements, church says; spokesperson notes fund still invested in 18 Israeli companies
By Rachel Zoll
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