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Home › Banks ›
Bank
Bank HapoalimIsrael

Active

This profile is actively maintained
Last update: 2022-07-15 10:18:13
Bank Hapoalim's head office in Tel Aviv. Photo: Msc.wcdn.co.il (CC-BY-SA 3.0)

Active

This profile is actively maintained
Last update: 2022-07-15 10:18:13
About
Website http://www.bankhapoalim.com/
Headquarters
50 Rothschild Boulevard
61025 Tel Aviv
Israel
CEO/chair Dov Kotler
CEO
Supervisor
Bank of Israel
Ownership
listed on Tel-Aviv Stock Exchange

Bank Hapoalim's largest share holder (11.3%) is Arison Investments, subsidiary of Arison Holdings, which is owned by Shari Arison. The bank's complete shareholder structure can be accessed here.

Bank Hapoalim is one of Israel's largest commercial banks. The bank was established in 1921 by the Histadrut, the Israeli trade union congress (lit. "General Federation of Laborers in the Land of Israel") and the Zionist Organisation. The bank was owned by the Histadrut until 1983, when it was nationalized following the Bank Stock Crisis. The bank was held by the Israeli government until 1996 when it was sold to a group of investors led by Ted Arison. The bank offers retail, private and corporate banking products in Israel and also abroad. The bank offers Consumer, Corporate, Investment Banking and Insurance services.

Sustainability
Policies
Voluntary standards

Links

ESG webpage

2018-02-28 00:00:00

Code of Ethical Conduct

Bank policy
2018-02-28 00:00:00 | Bank Hapoalim
2017-01-12 00:00:00

Freedom of Association Policy

Bank policy
2017-01-12 00:00:00 | Bank Hapoalim
2015-12-31 00:00:00

Responsible Procurement Policy

Bank policy
2015-12-31 00:00:00 | Bank Hapoalim
2015-04-30 00:00:00

Environmental Policies and Procedures

Bank policy
2015-04-30 00:00:00 | Bank Hapoalim
2011-01-31 00:00:00

Health and Safety Policy Statement

Bank policy
2011-01-31 00:00:00 | Bank Hapoalim
Bank Hapoalim has committed itself to the following voluntary standards:
Global Reporting InitiativeTags: sustainable development | human rights
Green Bond PrinciplesTags: bond issuance | investment | sustainable development
United Nations Global CompactTags: United Nations | human rights
Dodgy Deals

Bank Hapoalim is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Bank Hapoalim's link to these deals.

News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

AXA triples investment in Israeli banks financing illegal settlements on eve of annexation

2020-06-05 | BDS Group
BankTrack news BankTrack blog Partner news Partner blog

UN rights office issues report on business activities related to settlements in the Occupied Palestinian Territory

2020-02-12 | Geneva | UN
Blog
BankTrack news BankTrack blog Partner news Partner blog

SumOfUs Report Exposes French Insurer's Complicity in War Crimes

Report reveals that AXA invests in banned weapons manufacturers and banks that finance illegal Israeli Settlements
2019-07-08 | SumOfUs
Blog
BankTrack news BankTrack blog Partner news Partner blog

Bankrolling Abuse - Israeli Banks in West Bank Settlements

New report by Human Rights Watch
2018-06-04 | Human Rights Watch
BankTrack news BankTrack blog Partner news Partner blog

BNP Paribas and Deutsche Bank still involved in illegal Israeli settlement industry

2018-05-29 | 11.11.11
BankTrack news BankTrack blog Partner news Partner blog

How Israeli banks finance theft of Palestinian land

2018-05-29 | Electronic Intifada
BankTrack news BankTrack blog Partner news Partner blog

Israeli Banks Profit From Settlements

Their Role Abets Land Seizures, Rights Abuses
2018-05-28 | Human Rights Watch
BankTrack news BankTrack blog Partner news Partner blog

Shari Arison Selling 49% of Her Stake in Israel's Largest Bank Hapoalim to North American Investors

2017-09-24 | Haaretz
Blog
BankTrack news BankTrack blog Partner news Partner blog

Israel/Palestine: Israeli banks supporting settlements

No domestic obligation to provide many services that aid rights abuses
2017-09-13 | Jerusalem | Human Rights Watch
BankTrack news BankTrack blog Partner news Partner blog

Why is Human Rights Watch urging engagement with Israel’s banks?

Bank Hapoalim, Bank Leumi, Mizrahi Tefahot Bank, First International Bank of Israel and Israel Discount Bank
2017-09-13 | Electronic Intifada
BankTrack news BankTrack blog Partner news Partner blog

Axa must comply with international law and break with Israel’s colonial, apartheid policy!

AXA is a shareholder of three Israeli banks: Hapoalim, Leumi and Mizrahi Tefahot.
2017-07-28 | Paris | BDS France
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financing land grab: the direct involvement of Israeli banks in the Israeli settlement enterprise

2017-02-28 | Who Profits
BankTrack news BankTrack blog Partner news Partner blog

Dirty Profits report highlights role of Israeli banks in settlement construction

2016-02-16 | Article 1 Collective
BankTrack news BankTrack blog Partner news Partner blog

Financing the occupation through Israeli banks

2015-12-12 | Article 1 Collective
BankTrack news BankTrack blog Partner news Partner blog

Think Tank Tells EU: Target Israeli Banks Dealing With Settlements

2015-07-22 | Haaretz
Resources
Documents
Links
2022-07-15 00:00:00

Annual report 2021

Annual report
2022-07-15 00:00:00 | Bank Hapoalim
2022-07-15 00:00:00

CSR report 2021

Annual report
2022-07-15 00:00:00 | Bank Hapoalim
2021-07-22 00:00:00

Annual report 2020

Annual report
2021-07-22 00:00:00 | Bank Hapoalim
2020-07-23 00:00:00

Annual report 2019

Annual report
2020-07-23 00:00:00 | Bank Hapoalim
2019-07-02 00:00:00

CSR report 2018

Annual report
2019-07-02 00:00:00 | Bank Hapoalim
2019-03-31 00:00:00

Annual report 2018

Annual report
2019-03-31 00:00:00 | Bank Hapoalim
2018-06-18 00:00:00

Bankrolling Abuse

Israeli Banks in West Bank Settlements
NGO document
2018-06-18 00:00:00 | Human Rights Watch
2018-03-31 00:00:00

Annual report 2017

Annual report
2018-03-31 00:00:00 | Bank Hapoalim
2018-02-28 00:00:00

Code of Ethical Conduct

Bank policy
2018-02-28 00:00:00 | Bank Hapoalim
2017-03-31 00:00:00

Annual report 2016

Annual report
2017-03-31 00:00:00 | Bank Hapoalim
2017-03-31 00:00:00

CSR Report 2016

Annual report
2017-03-31 00:00:00 | Bank Hapoalim
2017-01-12 00:00:00

Freedom of Association Policy

Bank policy
2017-01-12 00:00:00 | Bank Hapoalim
2016-07-01 00:00:00

Investments in Israeli banks

A research paper prepared for BankTrack
Internal campaign document
2016-07-01 00:00:00 | Profundo
2015-12-31 00:00:00

Responsible Procurement Policy

Bank policy
2015-12-31 00:00:00 | Bank Hapoalim
2015-04-30 00:00:00

Environmental Policies and Procedures

Bank policy
2015-04-30 00:00:00 | Bank Hapoalim
2013-11-01 00:00:00

Financing the Israeli Occupation

The Current Involvement of Israeli Banks in Israeli Settlement Activity
NGO document
2013-11-01 00:00:00 | Who Profits
2011-01-31 00:00:00

Health and Safety Policy Statement

Bank policy
2011-01-31 00:00:00 | Bank Hapoalim
2010-10-18 00:00:00

Financing the Isaeli Occupation

NGO document
2010-10-18 00:00:00 | Who Profits

BDS Movement

The Boycott, Divestment, Sanctions (BDS) movement works to end international support for Israel's oppression of Palestinians and pressure Israel to comply with international law.

Article 1 Collective

Article 1 Collective's program webpage on the Palestine-Israel conflict. The Article 1 Collective works towards a world where all actors respect international law and human rights.

Accountability
Grievances

Bank Hapoalim does not operate a complaints or grievances channel for individuals or communities who might that might been affected by the bank's finance.

This page evaluates Bank Hapoalim's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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