Founded in 1921, Bank Hapoalim is now one of the largest banks in Israel with significant international presence. On the European market Bank Hapoalim provides private and corporate banking products and services. In September 2017, Hapoalim (Switzerland) Ltd, has decided to wind down its business activities. In November 2018, following the Assets Purchase Agreement, some clients of Hapoalim (Switzerland) Ltd in Switzerland and in Luxembourg were transferred to Bank J. Safra Sarasin.
Bank Hapoalim (Schweiz) AG was the 131st largest bank in Switzerland in terms of total assets. In 2018 its total assets were 856,61 mln CHF, providing the bank with the market share of 0.03%. Bank Hapoalim (Schweiz) AG was the 37th largest foreign-controlled bank in Switzerland (out of 74 foreign-controlled banks) having market share of 0.38% amongst the banks of this category. In 2015 the bank's annual profit was 11,40 mln CHF. Bank Hapoalim (Schweiz) AG had 205 employees in 2015.
Bank Hapoalim (Schweiz) AG participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. Bank Hapoalim (Schweiz) AG is a member of esisuisse – Deposit Insurance and makes its contributions into it.
Bank Hapoalim (Schweiz) AG was headquartered in Zürich.
Bank Hapoalim (Schweiz) AG was authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-106.005.893).