October 12, 2023

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BANK HAPOALIM ANNOUNCES THE ESTABLISHMENT OF A “WORKING TOWARD REVIVAL” FUND IN THE SUM OF 100 MILLION NIS TOWARD THE REHABILITATION OF ISRAEL GAZA STRIP ENVELOPE COMMUNITY AND CALLS FOR ADDITIONAL LEADING ORGANIZATIONS TO JOIN IT 

 

BANK HAPOALIM ANNOUNCES THIS MORNING THE ESTABLISHMENT OF AN AID FUND IN THE SUM OF 100 MILLION NIS WHOSE PURPOSE IS THE REHABILITATION OF ISRAEL GAZA STRIP ENVELOPE COMMUNITY. THE FUND WILL WORK TOWARD REBUILDING THE COMMUNAL INFRSTRUCTURES IN ALL OF ISRAEL GAZA STRIP ENVELOPE TOWNS WHICH WERE DAMAGED DURING THE “SWORDS OF IRON” WAR.

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THE FUND, WHICH WILL OPERATE WITH THE COOPERATION OF THE ENVELOPMENT’S HEADS OF COUNCILS, WILL FOCUS ON THE TOWNS AND THEIR RESIDENTS’ REHABILITATION FROM ASPECTS OF HEALTH, RESILIENCE, EDUCATION, AND EMPLOYMENT.

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FOLLOWING THE ESTABLISHMENT, A MAPPING PROCESS WILL TAKE PLACE AS WELL AS DEFINING THE PRIORITIES FOR THE IDENTIFICATION OF SPECIFIC NEEDS AND THE USAGE OF THE FUND’S MONEY, AND THAT IN CONTINUATION TO CONSULTATIONS WITH THE HEADS OF COUNCILS AND THE REST OF THE AID ORGANIZATIONS.

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DOV KOTLER, BANK HAPOALIM CEO SAYS THE FOLLOWING: “OUR SOLE GOAL IS THE REHABILITATION OF THE COMMUNAL LIVELIHOOD OF THE FAMILIES AND BUSINESSES IN THE ENVELOPMENT’S TOWNS. WE CHOSE TO ESTABLISH A FUND THAT ITS SOLE GOAL IS TO REVIVE THE RESILIENCE AND THE UNIQUE COMMUNAL LIVELIHOOD OF THE ENVELOPMENT. WE ARE ALREADY IN CONTACT WITH THE HEADS OF THE ORGANIZATIONS AND THE REPRESENTATIVES OF THE EVACUATED FAMILIES, AND TOGETHER WITH THEM WE WILL ACT IN ORDER TO DEFINE THE JOINED VISION AND THE NECESSARY FOCUS POINTS.” 

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“OUR NATION EXPERIENCED LOW POINTS IN THE PAST FROM WHICH IT WAS MAGNIFICENTLY REVIVED, AND WE ARE HERE TO ASSIST FOR IT TO QUICKLY HAPPEN AGAIN. THIS IS OUR WAY, AND THIS IS WHAT IS NECESSARY. I CALL UPON ALL THE LEADING ORGANIZATIONS IN ISRAEL TO JOIN US. TOGETHER, WE WILL BUILD AND STRENGTHEN THE SOUTH AND, ALONG WITH IT, THE COUNTRY,” KOTLER ADDED.

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AS PART OF BANK HAPOALIM’S MANY YEARS OF COMMITMENT TO SOCIETY AND THE COMMUNITY, IN THE NUMBER OF MILLIONS OF NIS YEARLY, AT THE START OF THE WAR, THE BANK BROADENED THE AID BY ADDING MILLIONS OF NIS TO AID ORGANIZATIONS, HOSPITALS AND MAJOR SOCIAL ORGANIZATIONS. IN ADDITION, THE BANK ASSISTS WITH THE COLLECTION OF BASIC EQUIPMENT FOR THE IDF SOLDIERS AND FAMILIES, PROVIDES FAST MONETARY SUPPORT TRANSFER AND EQUIPMENT FOR THE RESIDENTS OF THE ISRAEL GAZA STRIP ENVELOPE AND THE SOUTHERN TOWNS IN ISRAEL WHO REMAINED HOMELESS. ALL OF THIS IS IN ADDITION TO THE HUNDREDS OF THE BANK’S EMPLOYEES WHO VOLUNTEER THROUGHOUT ISRAEL. 

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AT THE START OF THE WAR, BANK HAPOALIM ANNOUNCED A SIGNIFICANT BENEFITS PACKAGE FOR CLIENTS WHO RESIDE WITHIN A 40 KM RANGE FROM THE GAZA STRIP, AND FOR ITS CLIENTS WHO WERE DRAFTED TO THE ARMY RESERVE SERVICE WHO HAVE AN ACTIVE CHECKING ACCOUNT AT THE BANK. THE BENEFITS PACKAGE INCLUDES – GRANTING AN INTEREST-FREE BRIDGING LOAN FOR BUSINESS AND PRIVATE CLIENTS FROM A 750 MILLION NIS FUND WHICH WAS ESTABLISHED BY THE BANK; POSTPONEMENT OF LOAN PAYMENTS; EXEMPTIONS FROM MAJOR CHECKING ACCOUNT FEES, AS WELL AS ADDITIONAL BENEFITS. THE TOTAL BENEFITS FOR THE CLIENTS AMOUNT TO TENS OF MILLIONS OF NIS. 

 

FOR FURTHER DETAILS, YOU CAN CONTACT THE BANK’S SPOKESMANSHIP: 

BANK HAPOALIM LTD. 63 YEHUDA HALEVI ST. TEL AVIV ZIPCODE 6578109 ISRAEL 

TEL. 972-3-5673635