Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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1977
Irregularity suspicions and stability concerns
After Bank Massad's chief executive died, suspicions regarding irregularities led to concerns about the bank's stability. Bank Hapoalim guaranteed the institution's commitments and subsequently acquired a controlling interest. The available source does not establish the nature or outcome of any specific alleged misconduct.