Bank Hapoalim (Schweiz) AG

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 an services.

Bank Category
Foreign-controlled banks

Bank Hapoalim (Schweiz) AG is the 70th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 3 761,06 mln CHF, providing the bank with the market share of 0.12%. Bank Hapoalim (Schweiz) AG is the 19th largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 1.52% amongst the banks of this category.

Rank in Switzerland
70th largest bank

Total Assets (2016)
3 761.06 mln CHF  (-7.92%)
Number of Employees (2015)
205  (+3.96%)

Bank Hapoalim (Schweiz) AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Bank Hapoalim (Schweiz) AG is headquartered in Zürich.

Address
Stockerstrasse 33, 8027, Zürich, Switzerland
P.O. Box
1801
Phone
044 283 81 81
Fax
044 202 77 40
BIC (SWIFT)
POALCHZZXXX
Company Number
CHE-106.005.893
Founded
1976

Financial Positions

Total Assets (2016)
3 761.06 mln CHF  (-7.92%)
Assets Under Management (2015)
13 385.00 mln CHF  (+10.48%)

In 2016 total assets of Bank Hapoalim (Schweiz) AG were 3 761.06 mln CHF. Decline compared to the previous period (2015) was -7.92%. The evolution of the total assets of Bank Hapoalim (Schweiz) AG is shown at Chart 1 below.

Total Assets of Bank Hapoalim (Schweiz) AG. Chart 1. Total Assets of Bank Hapoalim (Schweiz) AG.

In 2015 assets under management of Bank Hapoalim (Schweiz) AG were 13 385.00 mln CHF. Growth compared to the previous period (2014) was 10.48%. The evolution of the assets under management of Bank Hapoalim (Schweiz) AG is shown at Chart 2 below.

Assets Under Management of Bank Hapoalim (Schweiz) AG. Chart 2. Assets Under Management of Bank Hapoalim (Schweiz) AG.

Profit and Loss

Gross Profit (2015)
28.70 mln CHF  (-6.21%)
Annual Profit (2015)
11.40 mln CHF  (-47.22%)

In 2015 gross profit of Bank Hapoalim (Schweiz) AG was 28.70 mln CHF. Decline compared to the previous period (2014) was -6.21%. The evolution of the gross profit of Bank Hapoalim (Schweiz) AG is shown at Chart 3 below.

Gross Profit of Bank Hapoalim (Schweiz) AG. Chart 3. Gross Profit of Bank Hapoalim (Schweiz) AG.

Recent changes in gross profit of Bank Hapoalim (Schweiz) AG and its main components are shown in Table 1.

2014 2015 % change
Net Interest Income 33.4 29.8 -10.78%
Net Commission Income 51.2 47.8 -6.64%
Net Income from Trading Operations 10.2 19.2 +88.24%
Net Income from Banking Operations 94.8 96.9 +2.22%
Gross Profit 30.6 28.7 -6.21%
Table 1. Recent changes in gross profit of Bank Hapoalim (Schweiz) AG (mln CHF).

In 2015 annual profit of Bank Hapoalim (Schweiz) AG was 11.40 mln CHF. Decline compared to the previous period (2014) was -47.22%. The evolution of the annual profit of Bank Hapoalim (Schweiz) AG is shown at Chart 4 below.

Annual Profit of Bank Hapoalim (Schweiz) AG. Chart 4. Annual Profit of Bank Hapoalim (Schweiz) AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
70th (market share 0.12%)

In 2016 Bank Hapoalim (Schweiz) AG was the 70th largest bank in Switzerland in terms of total assets, having 0.12% of market share.

Market share of Bank Hapoalim (Schweiz) AG Chart 5. Market share of Bank Hapoalim (Schweiz) AG

Several banks with market shares closest to Bank Hapoalim (Schweiz) AG are shown below.

RankNameTotal AssetsMarket Share
69 Clientis Zürcher Regionalbank Genossenschaft3787.60 mln CHF0.12%
70 Bank Hapoalim (Schweiz) AG3761.06 mln CHF0.12%
71 Citibank (Switzerland) AG3681.25 mln CHF0.12%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 CHF per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.

In the case of Bank Hapoalim (Schweiz) AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Bank Hapoalim (Schweiz) AG and its components are shown in the table below.

BIC  POALCHZZXXX
Bank BIC Code  POAL
Country Code  CH (Switzerland)
Location Code  ZZ
Branch Code  XXX

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  CHE-106.005.893

European Presence: 3 banks in 2 countries

This bank operates in the following European countries and selected dependent territories of the European countries:

Luxembourg

Switzerland

  •  (this bank) Bank Hapoalim (Schweiz) AG (Zürich)