Leumi offers loans to northern residents

Bank Leumi said Sunday it would offer a special "Preparatory Loan" to residents of the North, in the wake of the current security crisis.

Bank Leumi said Sunday it would offer a special "Preparatory Loan" to residents of the North, in the wake of the current security crisis. The 18-month loans, which will be offered commission-free, also will incorporate a three-month "grace" period at the beginning, in order to aid the citizens currently affected by the hostilities taking place. Many of the bank's branches in northern cities have been closed for security reasons, but special phone services are currently being offered to customers so they can continue to manage their accounts as usual.