The Israel Trade Union Congress (Histadrut) and the Zionist Organization established Bank Hapoalim in 1921. It is currently the largest of Israel’s banks and plays a significant role in the global financial markets. It operates through 250 bank branches, seven regional business centers, and 22 business branches.
The bank also maintains a global presence, with operations in the UK, Europe, and North America. In 2017, The Banker Magazine named Bank Hapoalim the Bank of the Year in Israel.