Following the corona: Banks and insurance companies cancel customer events

The corona virus is also making its mark in the financial system. Following the increase in morbidity, some banks canceled business customer events, which traditionally take place at the end of the year. For example, Discount Bank announced the cancellation of the business division’s customer event, which was scheduled to take place last week at Hangar 11 in the Tel Aviv port.

The cancellation notice sent by Yuval Gavish, head of the division, states that in view of the spread of the corona virus, and in order not to endanger the health of customers, it was decided to postpone the event, and that a notice regarding the new date will be given later.

On the other hand, despite the question marks and apprehension, the CEO of Bank Leumi, Hanan Friedman, decided to hold an event last week with the participation of hundreds of business customers in the Smallers Hall at Tel Aviv University. Two members of the management were also present at the event. One of them, a senior division manager (the name is kept in the system) was then found positive for the virus, however it is not clear if he contracted it during the conference itself. Other senior executives at the bank have been found positive for the virus in recent days.

In recent weeks, Leumi’s management has been holding management meetings in Zoom, in part because some of the managers have moved their offices to Lod, while others are still in the management office on Yehuda Halevi Street in Tel Aviv.

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Bank Leumi responded: “The bank adheres to the guidelines of the Ministry of Health in order to maintain the health of its employees and customers alike. The customer event took place in accordance with all Corona guidelines. The bank even tightened and canceled the meal planned at the beginning of the event.” It was further stated: “All participants were required to present a green sign at the entrance and wear a mask throughout the event. Bouncers even walked among the participants and enforced the wearing of the masks.

Hanan Friedman, CEO of Bank Leumi (Photo: Oren Dai)

Bank Leumi is not the only one operating in the spirit of the times. This year, Bank Hapoalim also holds its annual event for customers under restrictions.

The insurance industry is also dramatically affected by the spread of the corona. Menora Mivtachim CEO Yehuda Ben-Asaig ordered the postponement of a multi-participant event that was to take place at Menora Mivtachim Hall in Yad Eliyahu.

Ben Asaig told Maariv: “The incident was not canceled but postponed. In the current situation and in view of the spread of the virus, we could not take responsibility and hold the incident. It will take place at another time, after the morbidity has dropped.” A similar decision was made by the management of the Harel Insurance Group.

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