Hapoalim again named ‘Best Bank in Israel’

Bank Hapoalim has been selected as “Best Bank in Israel” by prestigious magazine for the 2nd consecutive year.

April 2, 2013 23:18
1 minute read.
People make transactions at Bank Hapoalim ATM

People make transactions at Bank Hapoalim ATM 370. (photo credit: Ariel Jerozolimski)

Bank Hapoalim has been selected as “Best Bank in Israel” by the prestigious Global Finance magazine for the second consecutive year.

Bank Hapoalim was chosen among the best banks in 27 developed-market countries, after a thorough examination that included a series of consultations with senior officials in the banking system and financial analysts.

The selection was based on a combination of objective criteria, including asset growth, profitability data, development of new activities and product innovation, and on an analysis of the opinions of analysts and other specialists in the finance industry.

The magazine’s editors noted that the common denominator among the selected banks this year, including Bank Hapoalim, was a focus on meeting the needs of their customers. These accomplishments were achieved while dealing with a challenging economic environment worldwide.

Bank Hapoalim CEO Zion Kenan welcomed the development.

“The award of the title of ‘Best Bank in Israel,’ for the second year in a row, is evidence of international recognition of the bank’s excellence and impressive achievements,” he said. “Bank Hapoalim continues to lead the Israeli banking system, and the new three-year strategic plan, which was recently approved by the bank, will strengthen our ability to maintain this leadership in the future.”

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