What bank does Israel own?

Written by Editorial Team | Last Updated: August 2026

The State of Israel exercises significant ownership stakes and regulatory oversight across several major financial institutions that form the backbone of its national economy. Historically, the Israeli government held controlling shares in several of the country's largest commercial lenders following systemic banking crises, gradually privatizing major entities over decades. Today, major banking groups like Bank Hapoalim, Bank Leumi, and Israel Discount Bank operate primarily as publicly traded corporate entities under strict supervision by the Bank of Israel, while the government maintains strategic economic influence through sovereign holdings and specialized state-backed development banks.

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