Company Directory - Bank Hapoalim
Company Details - Bank Hapoalim

Bank Hapoalim
WebsiteTel Aviv, Israel
Bank Hapoalim is one of Israel's leading banks, offering a wide range of financial services that include retail, corporate, and investment banking. The bank serves both local and international customers with a comprehensive portfolio of financial products and services.
CCI Score
CCI Score: Bank Hapoalim
-2.02
0.01%
Latest Event
Anti-Arab Discrimination Incident at Bank Hapoalim
An investigation by Channel 10 exposed that Bank Hapoalim systematically refused Arab customers the routine service of transferring their accounts between branches while facilitating transfers for Jewish customers. The bank later issued a statement of deep regret, but the incident highlights serious concerns over discriminatory business practices and a lack of commitment to equality.
Take Action
So what can you do? It's time to make tough choices. Where will you cast your vote?
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
BYSTANDER
Bank Hapoalim is currently rated as a Bystander.
Latest Events
- JAN012025
An investigation by Channel 10 exposed that Bank Hapoalim systematically refused Arab customers the routine service of transferring their accounts between branches while facilitating transfers for Jewish customers. The bank later issued a statement of deep regret, but the incident highlights serious concerns over discriminatory business practices and a lack of commitment to equality.
-60
Public and Political Behavior
March 23
The incident reflects a significant failure in upholding principles of equality and non-discrimination, which indirectly bolsters authoritarian tendencies by institutionalizing bias. The bank's refusal to serve Arab customers while accommodating Jewish clients underlines its negative influence on public and political behavior.
-50
Business Practices and Ethical Responsibility
March 23
The discriminatory practice in customer service practices evidences unethical business operations in violation of claimed policies of equality and pluralism. By facilitating account transfers for Jewish clients while obstructing the same for Arab clients, Bank Hapoalim breaches ethical responsibility standards.
- MAY192023
Bank Hapoalim employees secured significant wage increases, bonuses, and enhanced working conditions through a new collective agreement extending until the end of 2027. This development, achieved in negotiations with the Histadrut and the employees' committee, underscores the bank's commitment to upholding worker rights and fair labor practices.
+80
Labor Relations and Human Rights Practices
March 23
The new collective agreement at Bank Hapoalim is a strong positive indicator of the bank’s commitment to labor rights and fair treatment of its employees. By negotiating significant wage increases, bonuses, and improved occupational security, the bank demonstrates progressive labor practices. This event serves as a counterbalance to any authoritarian labor practices and promotes the protection of workers—a key concern for anti-fascist and anti-authoritarian groups.
- MAY192023
Bank Hapoalim has reached a new collective agreement that significantly improves wages, bonuses, and job security for about 6,000 employees. This agreement reflects progressive labor practices and reinforces the bank's commitment to worker rights and collective bargaining, which is essential for countering exploitative capitalist practices.
+80
Labor Relations and Human Rights Practices
March 23
The new collective agreement at Bank Hapoalim ensures substantial wage increases, bonuses, and better job security, marking a significant win for labor rights and collective bargaining. Such measures are in line with anti-fascist and progressive labor practices, countering authoritarian tendencies in corporate practice by empowering workers and ensuring fair treatment.
- MAY192023
Bank Hapoalim and its employee committees have successfully negotiated a new collective agreement that significantly improves wages, bonuses, job security, and benefits for approximately 6,000 employees until 2027. This achievement demonstrates the bank’s commitment to robust labor relations and ethical human resources practices.
+80
Labor Relations and Human Rights Practices
March 23
The new collective agreement reached by Bank Hapoalim marks a significant improvement in employees' working conditions. By securing meaningful wage increases, bonuses, and additional benefits, the bank shows a commitment to fair labor practices and respect for workers’ rights. Such positive labor relations enhance job security and promote ethical business practices, aligning with anti-fascist values that prioritize worker empowerment and opposition to exploitative systems.
- SEP142020
Bank Hapoalim signed a cooperation agreement with Emirates NBD, normalizing financial relations with an authoritarian regime in the UAE. From an anti‐fascist perspective, such economic collaboration may indirectly support policies that undermine democratic accountability.
-20
Economic Collaboration
March 23
The cooperation agreement with Emirates NBD represents an economic collaboration with a state apparatus that exhibits authoritarian characteristics. By engaging in financial partnerships with institutions from regimes that lack full democratic accountability, Bank Hapoalim is seen as indirectly legitimizing and supporting such governance structures. This move could undermine efforts to promote transparency and labor rights in a broader political context.
- APR302020
Bank Hapoalim admitted to conspiring with U.S. taxpayers to hide assets and income in offshore accounts, resulting in nearly $1 billion in fines and penalties. This unethical behavior undermines public trust and the integrity of governmental fiscal oversight.
-70
Public and Political Behavior
March 23
Bank Hapoalim's role in facilitating tax evasion by assisting U.S. taxpayers to hide income and assets in offshore accounts severely undermines public trust and the proper functioning of governmental fiscal responsibilities. Such behavior compromises democratic accountability by enabling illicit financial practices that can empower authoritarian agendas.
-80
Business Practices and Ethical Responsibility
March 23
The bank’s admission of criminal conduct in aiding tax evasion reflects profoundly unethical business practices. By actively facilitating secret offshore accounts and evasion schemes, Bank Hapoalim has not only violated legal norms but also eroded the ethical standards expected of financial institutions, thereby indirectly bolstering systems that can favor authoritarian interests.
- APR302020
The Federal Reserve Board fined Bank Hapoalim $37.35 million for unsafe and unsound banking practices resulting in violations of U.S. tax laws. This enforcement action reflects serious lapses in corporate governance and ethical responsibility, potentially undermining public trust and contributing to a corporate environment where regulatory compliance and ethical practices are neglected.
-50
Business Practices and Ethical Responsibility
March 23
The penalty imposed by the Federal Reserve highlights deep concerns regarding Bank Hapoalim's business practices and ethical responsibility. The unsafe and unsound practices that led to violations of U.S. tax laws indicate a disregard for critical regulatory frameworks. Such failures undermine efforts to maintain a fair and accountable economic system, indirectly supporting environments where authoritarian policies can go unchecked.
- MAY292018
A Human Rights Watch report details how Bank Hapoalim is engaged in financing settlement construction and operations in the occupied West Bank, directly contributing to practices that violate international human rights and international humanitarian law.
-70
Public and Political Behavior
March 23
Bank Hapoalim's financial services in the settlement sectors indirectly bolster government policies that suppress Palestinian rights, showing a disregard for democratic accountability and contributing to oppressive state practices.
Bankrolling Abuse: Israeli Banks in West Bank Settlements | HRW
-90
Business Practices and Ethical Responsibility
March 23
The bank’s active financing of construction projects in occupied territories demonstrates a blatant neglect of ethical business practices and contributes to severe human rights abuses by supporting settlements built on unlawfully seized land.
Bankrolling Abuse: Israeli Banks in West Bank Settlements | HRW
-85
Economic and Structural Influence
March 23
Through extensive loans and mortgage services supporting settlement development, Bank Hapoalim plays a critical role in reinforcing economic structures that underpin an oppressive regime, thereby impeding Palestinian economic development and reinforcing segregation.
Bankrolling Abuse: Israeli Banks in West Bank Settlements | HRW
- SEP132017
A 2017 Human Rights Watch report criticizes Bank Hapoalim for its involvement in providing banking services in Israeli settlements in the West Bank. The report argues that such activities not only contravene international humanitarian law and human rights norms but also contribute to the expansion of settlements, exacerbating economic and political disparities and human rights abuses.
-60
Public and Political Behavior
March 23
Bank Hapoalim’s role in continuing to operate in and facilitate banking services for settlements reflects a problematic public and political behavior. By enabling financial flows that help sustain settlements, the bank indirectly supports policies that undermine international law and contribute to human rights violations. This association detracts from its social and political integrity and accountability.
-70
Business Practices and Ethical Responsibility
March 23
The bank’s business practices, by choosing to continue settlement-related operations despite clear human rights concerns, violate ethical responsibilities. This decision prioritizes financial gain over the international human rights standards it is expected to uphold, reflecting a disregard for ethical responsibility.
-80
Economic and Structural Influence
March 23
By financing, supporting, and facilitating economic activities in settlements, Bank Hapoalim exerts significant structural influence that bolsters the sustainability and expansion of settlements. This economic collaboration indirectly contributes to systemic oppression and economic marginalization of the Palestinian population, reflecting deep structural complicity.
- JAN012000
In 2000, Bank Hapoalim BM spent $20,000 on lobbying activities, a move that raises concerns regarding corporate influence in political processes and potential complicity in undermining democratic oversight.
-20
Political Contributions and Lobbying Efforts
March 23
Bank Hapoalim BM's recorded expenditure of $20,000 in lobbying during 2000 demonstrates its engagement in influencing political decisions. Although the expenditure amount is modest compared to larger corporate budgets, the act of political lobbying itself raises red flags regarding the bank’s potential to help shape policies in a manner that can support authoritarian practices. This tactic aligns with historical patterns of corporate complicity where political contributions and lobbying efforts are used to undermine transparent democratic processes.
- JAN012000
Bank Hapoalim BM spent $20,000 on lobbying in 2000, raising concerns about its engagement in political influence that potentially supports pro-authoritarian agendas. The expenditure, though modest, reflects corporate practices that can undermine democratic accountability by seeking favorable regulatory outcomes.
-25
Political Contributions and Lobbying Efforts
March 23
The reported lobbying expenditure of $20,000 in 2000 by Bank Hapoalim BM suggests an effort to shape political outcomes in favor of corporate interests. Such activities, although not large in scale, contribute to a broader pattern of political influence that can erode democratic checks on power and align corporate behavior with authoritarian tendencies. From a left-leaning perspective, this action raises red flags regarding the bank's complicity in oppressive political dynamics.
- JAN012000
Bank Hapoalim BM spent $20,000 on lobbying in 2000, as detailed by OpenSecrets. This expenditure is seen as a form of political influence that may indirectly support authoritarian agendas by seeking preferential regulatory outcomes.
-50
Political Contributions and Lobbying Efforts
March 23
The documented expenditure of $20,000 for lobbying purposes by Bank Hapoalim BM in 2000 suggests an active engagement in influencing political processes. Such activities often contribute to desires for policy outcomes that can undermine democratic accountability and potentially align with authoritarian interests.
Alternatives

Minneapolis, United States
15.92

Tel Aviv, Israel
-23.46

Israel
-24.37

Mumbai, India
8.70

Mumbai, India
-1.27

Auckland, New Zealand
-36.73

Mumbai, India
-48.76

Bangkok, Thailand
-57.40

Corporation
9.23

Corporation
0.60
Industries
- 522110
- Commercial Banking
- 523110
- Investment Banking and Securities Dealing
- 523120
- Securities Brokerage
- 522120
- Savings Institutions