1,000-shekel grant for parents to fund after-school activities

In depth

Mizrahi Tefahot Bank will grant a one-time 1,000-shekel grant to parents to fund children's after-school activities, as part of the Bank of Israel's relief framework. The benefit will be given to the first 10,000 accounts that submit a request and meet the income and credit card usage conditions.

According to Israel Hayom, the bank will distribute 10 million shekels to families under the benefit. According to Bizportal, registration opens today. A survey conducted by the bank, according to Bizportal and Israel Hayom, found that 91% of parents struggle to meet the costs of after-school activities.