Ampal-American Israel Corporation is a New York unit of Israel's Bank Hapoalim.
The bank was owned by the Histadrut until 1983, when it was nationalized following the Bank Stock Crisis.
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The bank was held by the Israeli government until 1996 when it was sold to a group of investors led by Ted Arison.
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The bank was established in 1921 by the Histadrut the Israeli trade union congress (lit. "General Federation of Laborers in the Land of Israel") and the World Zionist Organization.
He has consulted the Ministry of Education, Bank Hapoalim, and the Israeli Air Force.
The investment came from Israel Corporation, a government grant of $ 250 million and $550 million credit from Bank Leumi and from Bank Hapoalim total .
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