Hapoalim (Schweiz) AG

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Hapoalim (Schweiz) AG Logo

Address

Stockerstrasse 33, 8027, Zürich, Switzerland

BIC

POALCHZZXXX

Overview

Category

Foreign-controlled banks

Business Focus

private and corporate banking

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.

Performance

In 2019, Hapoalim (Schweiz) AG achieved the position of 146th largest bank in Switzerland with a market share of 0.02%; its total assets dropped by 14.06%.

Deposit Protection

Deposits up to 100,000 CHF are covered by Swiss deposit guarantee scheme in Hapoalim (Schweiz) AG.

Financials

Total Assets of Hapoalim (Schweiz) AG
Annual_profit of Hapoalim (Schweiz) AG
Market Share of Hapoalim (Schweiz) AG
Total Assets (2019)
736.19 mln CHF   (-14.06%)
Annual Profit (2015)
11.40 mln CHF   (-47.22%)
Number of Employees (2015)
205   (+3.96%)

Hapoalim (Schweiz) AG ranked as the 146th largest bank in Switzerland by total assets. In 2019 its total assets were 736.19 mln CHF, representing a 0.02% market share. It was also the 43rd largest foreign-controlled bank in Switzerland, commanding a 0.33% share among foreign-controlled banks. In 2015 the bank's annual profit was 11.40 mln CHF. As of 2015, the bank employed 205 people.

Deposit Guarantee

Protected Amount
up to 100,000 CHF
Guarantee Fund
esisuisse – Deposit Insurance (ESI)esisuisse – Deposit Insurance (ESI)
Covered Accounts
credit balances
Eligible Depositors
private individuals (Swiss and foreign)
legal entities (Swiss and foreign)

Hapoalim (Schweiz) AG protects deposits up to up to 100,000 CHF per depositor through Switzerland's deposit guarantee scheme. The scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign). The bank participates in the esisuisse – Deposit Insurance (ESI), making regular contributions into it.

See Also

Contacts

addressStockerstrasse 33, 8027, Zürich, Switzerland
po box1801
phone044 283 81 81
fax044 202 77 40

Hapoalim (Schweiz) AG was headquartered in Zürich.

See Also

Bank Identifiers

BIC (SWIFT)
POALCHZZXXX
LEI
1QQ9TRVILIYX8DPO7X43
Company Number
CHE-106.005.893

Bank Supervision

Supervised By
Swiss Financial Market Supervisory Authority
Reference Number
CHE-106.005.893

Hapoalim (Schweiz) AG was authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-106.005.893).

Bank History

Founded
1976
Closed
2018
Previous Name
Bank Hapoalim (Schweiz) AG
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