Shari Arison, the controlling shareholder of the Arison Group, is examining the distribution of control in Bank Hapoalim and its transformation into a bank without a controlling core.
Arison recently approached the Bank of Israel in order to obtain approval to examine the process.
Arison said, "I have had the privilege to be the controlling shareholder of the bank over the past 21 years. I believe that the bank will continue to act in accordance with the vision of financial freedom, to flourish, to grow and to serve all its customers faithfully."