Bank Hapoalim's New Early Retirement Scheme Is Credit Positive
ISSUER COMMENT BANKING NOVEMBER 3, 2016 Bank Hapoalim’s New Early Retirement Scheme Is Credit Positive From Credit Outlook Last Sunday, Bank Hapoalim B.M. (A2 stable, baa21) announced that it had received approval from its board of directors to introduce a new voluntary retirement scheme that will accelerate a reduction in the bank’s workforce, produce significant cost savings and improve efficien
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