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Bank of Israel Launches Financial Aid Program for 4,500 IDF Soldiers Facing Economic Hardships
The Bank of Israel, together with the Class Action Fund and the IDF, has launched a financial aid program to support 4,500 soldiers facing economic challenges over three years, providing personalized financial guidance and digital tools to promote financial stability during and after military service.
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What happened
- 01New financial aid program supports 4,500 IDF soldiers over three years.
- 02Program offers personalized budgeting, rights assistance, and financial education.
- 03Funded with 7.2 million shekels by the Class Action Fund.
- 04600 soldiers have participated since March; 1,500 expected annually.
- 05Operated by Pitchon Lev and partners using human and digital support.
- 06Bank of Israel and IDF leaders emphasize financial literacy and program expansion.
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