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.
Hapoalim (Schweiz) AG was the 146th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 736,19 mln CHF, providing the bank with the market share of 0.02%. Hapoalim (Schweiz) AG was the 43rd largest foreign-controlled bank in Switzerland (out of 71 foreign-controlled banks) having market share of 0.33% amongst the banks of this category. In 2015 the bank's annual profit was 11,40 mln CHF. Hapoalim (Schweiz) AG had 205 employees in 2015.
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. Hapoalim (Schweiz) AG is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.
Hapoalim (Schweiz) AG was headquartered in Zürich.
Hapoalim (Schweiz) AG was authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-106.005.893).