bank hapoalim bm (POLI) Details

Bank Hapoalim B.M. provides various banking and financial products and services in Israel and internationally. It operates through six segments: Households, Private Banking, Small Business, Commercial, Corporate, and Financial Management. The company offers current-account management services, credit for various purposes, deposits, and saving plans; credit cards, housing loans, and capital-market products and services; and investment products to households, and mid-range to high-net-worth customers. It also provides check discounting, foreign currency, foreign trade, and other financing transactions services to small businesses; and credit for routine operations and investment financing, guarantees, letters of credit, foreign trade, and transactions in financial and derivative instruments, as well as investment services in various channels, such as foreign currency, shekels, and securities to middle-market business customers primarily in the industry, commerce, and construction and real estate sectors. In addition, the company offers financing for routine operations, investments, and infrastructure projects; financial services, foreign trade transactions, and transactions in financial derivatives; and foreign trade, investments and dealing-room services, as well as guarantees to buyers of homes. Further, it provides factoring services; financial and strategic consulting for mergers and acquisitions, privatization processes, public and private issues, and guidance of companies; consulting, underwriting, and management services; brokerage services; and research, custody, and other related services, as well as invests in funds operating in various sectors. The company operates 577 automated teller machines. As of March 21, 2013, it operated approximately 280 branches and 8 business centers. The company was founded in 1921 and is based in Tel Aviv, Israel.

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