Bank Hapoalim again named 'Best Bank in Israel' by 'Global Finance'

Bank Hapoalim CEO Zion Kenan welcomed the news.

By JERUSALEM POST STAFF
March 20, 2016 11:31
1 minute read.
Bank

A WOMAN uses an automated teller machine outside a Bank Hapoalim branch in Tel Aviv three years ago.. (photo credit: REUTERS)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Bank Hapoalim has been selected as "Best Bank in Israel" by the prestigious Global Finance magazine for the fifth consecutive year.

The announcement was part of the magazine's choice of the best banks in 29 developed countries worldwide. This followed a comprehensive examination, which included a series of consultations with senior officials in the banking and financial systems and with analysts.

Be the first to know - Join our Facebook page.


The selection was made on the basis of a combination of objective criteria - such as asset volume, profitability data, development of new activities and product innovation - and an analysis that was based on the positions taken by analysts and other experts in the finance industry.

The decision was also based on the results of a poll which Global Finance conducted among its readers, in order to enhance the process for the selection of the best banks. The magazine's editors noted that the common characteristic among the banks that were selected this year, including Bank Hapoalim, was the combination of strength and vision – a combination which enabled them to outshine their peers.

Bank Hapoalim CEO Zion Kenan welcomed the news.

"This award was achieved thanks to our professional and dedicated employees and management, and by implementing a multi-year strategy, based on innovation and creativity,” Kenan said. “Bank Hapoalim's customers enjoy the highest level of service in the Israeli banking system, and we are pleased this wins the recognition of leading global professional entities throughout the years."




Related Content

Workers strike outside of the Teva building in Jerusalem, December 2017
December 18, 2017
Workers make explosive threats as massive Teva layoff strikes continue

By MAX SCHINDLER