Bank Hapoalim offers shares or cash to eligible customers

Bank Hapoalim is distributing shares to eligible customers as part of a Bank of Israel incentive program. Customers can choose between two shares or a NIS 125 cash payment. The offer, valued at approximately NIS 138.9 for the shares, is available to bank customers over 18 with a securities account and a minimum balance. The distribution is part of a broader NIS 1.5 billion incentive plan announced by the Bank of Israel. This is the second such distribution by Bank Hapoalim, following a similar initiative earlier in the year. The shares are offered tax-free for 20 years or until sold.