Category: Hapoalim
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Bank Hapoalim raising NIS 3b
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After a few days of reporting a standard annual profit, the Hapoalim bank is amazing while iron is hot and raised more than 3 billion New via two different debts: Coco (Coco Convertible) that reaches 25 years, and a 12 -month commercial paper. Yesterday evening, Hapoalim completed the institutional stage…
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Hapoalim chooses Noam Hanegbi as chairman
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Hanegbi will replace Reuven Krupik, which ends his term as head of the bank on February 17, 2025 and stepped down from the Board of Directors nine years later. Hapoalim Bank (level: PolyThe Board of Directors chose today noam Hanegbi as the new head of the bank. Hanegbi will replace…
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Hapoalim to shed 770 employees in streamlining plan
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Bank Hapoalim (level: Polly) The Board of Directors, based on the management’s recommendation, announced a simplified plan based on voluntary retirement between 2025 and 2028. The plan is based on the objectives of the bank’s strategic plan, with a focus on improving operational efficiency and enhancing operating models as part…
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Hapoalim to shed 770 employees in streamlining plan
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Bank Hapoalim (level: Polly) The Board of Directors, based on the management’s recommendation, announced a simplified plan based on voluntary retirement between 2025 and 2028. The plan is based on the objectives of the bank’s strategic plan, with a focus on improving operational efficiency and enhancing operating models as part…
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Hapoalim chair Krupik: We need deep reform
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Bank Hapoalim President Reuven Krupik spoke at the opening ceremony of the Globes Israel business conference last night, where he shared his view on what is happening in the Israeli economy and how it can be put on a sound growth path in the near future. “This is my opportunity…
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Bank Hapoalim offers 25-year CoCo bond
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Bank Hapoalim (TASE: POLI) has completed the institutional phase of the offering of two series of contingent convertible notes (CoCo). One of the bonds matures in 25 years, the longest term yet for debt issued by the bank. The total amount raised at the institutional stage amounts to 640 million…
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Bank Hapoalim offers 25-year CoCo bond
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Bank Hapoalim (TASE: POLI) has completed the institutional phase of the offering of two series of contingent convertible notes (CoCo). One of the bonds matures in 25 years, the longest term yet for debt issued by the bank. The total amount raised at the institutional stage amounts to 640 million…
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Hapoalim Q3 profit up 14%
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Bank Hapoalim, headed by Yadin Antebi, opened the reporting season for Israeli banks as financial statements showed a 14% growth in third-quarter net profits to NIS 1.9 billion. The increase compared to the third quarter of 2023 is mainly due to the higher interest rate environment, which led to growth…