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Bank Hapoalim ( lit. Bank of the Workers) is the largest Israel
Israel

Israel officially the State of Israel , is a country in the Middle East located on the eastern shore of the Mediterranean Sea. It borders Lebanon in the north, Syria in the northeast, Jordan in the east, and Egypt on the southwest, and contains geographically diverse features within its relatively small area....
i bank. The bank was established in 1921 by the World Zionist Organization
World Zionist Organization

The World Zionist Organization , or WZO, was founded as the Zionist Organization , or ZO, in 1897 at the First Zionist Congress, held from August 29 to August 31 in Basel, Switzerland....
 and the Histadrut
Histadrut

The Histadrut or HaHistadrut HaKlalit shel HaOvdim B'Eretz Yisrael is the Israeli trade union congress.It was founded in December 1920 in Haifa as a Jewish trade union which would also provide services for members such as an employment exchange, sick pay, and consumer benefits....
 (National Israeli Trade Union). The bank operates several international branches, in the USA (New York City
New York City

The City of New York is the List of United States cities by population in the United States, while the New York metropolitan area ranks among the List of urban areas by population....
, Miami), in Canada
Canada

Canada is a country occupying most of northern North America, extending from the Atlantic Ocean in the east to the Pacific Ocean in the west and northward into the Arctic Ocean....
, Europe
Europe

Europe is, conventionally, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally divided from Asia to its east by the water divide of the Ural Mountains, the Ural , the Caspian Sea, and by the Caucasus Mountains to the southeast....
 (Switzerland
Switzerland

Switzerland is a landlocked Swiss Alps country of roughly 7.7 million people in Western Europe with an area of 41,285 km?. Switzerland is a federal republic consisting of 26 states called Cantons of Switzerland....
, Luxemburg), South America
South America

South America is the southern continent of the Americas, situated entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere....
, and the Cayman Islands
Cayman Islands

The Cayman Islands are a British overseas territory located in the western Caribbean Sea, comprising the islands of Grand Cayman, Cayman Brac, and Little Cayman....
. The bank's stocks are traded in the Tel Aviv Stock Exchange
Tel Aviv Stock Exchange

The Tel Aviv Stock Exchange in Tel Aviv is Israel only stock exchange.The TASE is the only public market for trading securities in Israel. It plays a major role in the Economy of Israel....
.

The bank was owned by the Histadrut
Histadrut

The Histadrut or HaHistadrut HaKlalit shel HaOvdim B'Eretz Yisrael is the Israeli trade union congress.It was founded in December 1920 in Haifa as a Jewish trade union which would also provide services for members such as an employment exchange, sick pay, and consumer benefits....
 until 1983, when it was nationalized following the Bank Stock Crisis
Bank stock crisis (Israel 1983)

The Bank stock crisis was a financial crisis that occurred in Israel in 1983, during which the stocks of the four largest banks in Israel collapsed, and were Nationalization by the state....
.






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Bank Hapoalim ( lit. Bank of the Workers) is the largest Israel
Israel

Israel officially the State of Israel , is a country in the Middle East located on the eastern shore of the Mediterranean Sea. It borders Lebanon in the north, Syria in the northeast, Jordan in the east, and Egypt on the southwest, and contains geographically diverse features within its relatively small area....
i bank. The bank was established in 1921 by the World Zionist Organization
World Zionist Organization

The World Zionist Organization , or WZO, was founded as the Zionist Organization , or ZO, in 1897 at the First Zionist Congress, held from August 29 to August 31 in Basel, Switzerland....
 and the Histadrut
Histadrut

The Histadrut or HaHistadrut HaKlalit shel HaOvdim B'Eretz Yisrael is the Israeli trade union congress.It was founded in December 1920 in Haifa as a Jewish trade union which would also provide services for members such as an employment exchange, sick pay, and consumer benefits....
 (National Israeli Trade Union). The bank operates several international branches, in the USA (New York City
New York City

The City of New York is the List of United States cities by population in the United States, while the New York metropolitan area ranks among the List of urban areas by population....
, Miami), in Canada
Canada

Canada is a country occupying most of northern North America, extending from the Atlantic Ocean in the east to the Pacific Ocean in the west and northward into the Arctic Ocean....
, Europe
Europe

Europe is, conventionally, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally divided from Asia to its east by the water divide of the Ural Mountains, the Ural , the Caspian Sea, and by the Caucasus Mountains to the southeast....
 (Switzerland
Switzerland

Switzerland is a landlocked Swiss Alps country of roughly 7.7 million people in Western Europe with an area of 41,285 km?. Switzerland is a federal republic consisting of 26 states called Cantons of Switzerland....
, Luxemburg), South America
South America

South America is the southern continent of the Americas, situated entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere....
, and the Cayman Islands
Cayman Islands

The Cayman Islands are a British overseas territory located in the western Caribbean Sea, comprising the islands of Grand Cayman, Cayman Brac, and Little Cayman....
. The bank's stocks are traded in the Tel Aviv Stock Exchange
Tel Aviv Stock Exchange

The Tel Aviv Stock Exchange in Tel Aviv is Israel only stock exchange.The TASE is the only public market for trading securities in Israel. It plays a major role in the Economy of Israel....
.

The bank was owned by the Histadrut
Histadrut

The Histadrut or HaHistadrut HaKlalit shel HaOvdim B'Eretz Yisrael is the Israeli trade union congress.It was founded in December 1920 in Haifa as a Jewish trade union which would also provide services for members such as an employment exchange, sick pay, and consumer benefits....
 until 1983, when it was nationalized following the Bank Stock Crisis
Bank stock crisis (Israel 1983)

The Bank stock crisis was a financial crisis that occurred in Israel in 1983, during which the stocks of the four largest banks in Israel collapsed, and were Nationalization by the state....
. The bank was held by the Israeli government until 1996 when it was sold to a group of investors led by Ted Arison
Ted Arison

Ted Arison was an Israeli-American businessman who co-founded Norwegian Cruise Lines in 1966 with Knut Kloster and founded Carnival Cruise Lines in 1972....
. During the period of government ownership the bank grew considerably to become the largest bank in Israel (a title previously held by Bank Leumi
Bank Leumi

Bank Leumi is an Israeli bank. It was founded in London as the Anglo Palestine Company on February 27, 1902 by members of the Zionism movement to promote the industry, construction, agriculture, and infrastructure of Palestine....
).

As of 2006 the bank employs about 10,000 employees. It is controlled by Arison Holdings, which is owned by Shari Arison
Shari Arison

Shari Arison is an Israeli-American businesswoman and Israel's wealthiest citizen. She is the owner of several businesses, the largest among them Bank Hapoalim....
.

On June 2, 2008 the Israeli Public Utility Authority approved a feed-in tariff for solar plants
Solar power in Israel

File:Negev-2005-1.JPGSolar power in Israel and the Israeli solar energy industry has a history that dates to the founding of the country. In the 1950s, Levi Yissar developed a solar water heater to help assuage an energy shortage in the new country....
, and Bank Hapoalim began to offer 10 year loans for the installation of solar panels.

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