Israel’s Bank Hapoalim to have presence in DIFC

Dubai - Presence in Dubai will enable Bank Hapoalim to access banking and innovation opportunities in the whole region

Dubai International Financial Centre (DIFC) has entered into an agreement with Bank Hapoalim, one of Israel’s largest banks to create a framework for both organisations to forge cooperation across financial services activities.

Under the agreement, Bank Hapoalim will become part of DIFC’s global network of banks, financial centres, regulators and companies that are disrupting the financial and technology sectors and embracing the highest legal, regulatory and operating standards.

The alliance will enable Bank Hapoalim to access banking and innovation opportunities in the Middle East, Africa and South Asia through the DIFC platform. Both parties will work together by sharing knowledge, hosting delegations and promoting industry events. Investment and FinTech specialists from Bank Hapoalim will be invited to participate in exclusive events such as the forthcoming DIFC FinTech Hive Investor Day.