First International strike continues

In view of the stalemate, the workers committee decided to continue the strike at First International Bank and Poalei Agudat Israel Bank.

Money 311 (photo credit: Bloomberg)
Money 311
(photo credit: Bloomberg)
The new round in one of the longest bank strikes ever in Israel is continuing as management and the workers committee at First International Bank of Israel and its subsidiary, Poalei Agudat Israel Bank, dig in.
The parties met again at the end of last week in the negotiations mediated by the Histadrut, which have lasted for months. The meeting broke up without results.
“No real progress or agreement was reached between the parties, since the issues discussed at the meeting were mainly organizational issues,” the workers committee said.
In view of the stalemate over the core issue, the workers committee decided to continue the strike at First International Bank and Poalei Agudat Israel Bank on Sunday, until a breakthrough is reached in the talks. The parties were scheduled to meet Monday morning for full-day negotiations that Histadrut representatives will join later in the day.
First International Bank said the bank’s call center had been reinforced and online services were functioning despite the strike. Branches were being served by management-level staff, who can provide some services to customers.