Archive: 5/19/2014
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  5/19/2014, Iyar 19, 5774

Religious Kibbutz Movement Joins Ofek Social Bank


The secretariat of the Religious Kibbutz Movement decided, Sunday, to join the founders of the Ofek (Horizon) social bank cooperative, following a meeting with the bank's leadership.

Noting the success of cooperative banks around the world, Secretary-General Nehemia Rappel said, "We see merit in taking part in the establishment of the initiative, which fits well with the values of the movement and the cooperative spirit of its kibbutzim." He called on individual kibbutzim to join as well.