|
|
NEWS
Bank Yerushalayim Offers Pesach Loans
By M. Green
Bank Yerushalayim has identified the chareidi public's
financial needs for Pesach and has designed a unique
solution: "a Pesach loan without enslavement." The bank
offers you a convenient solution to plan your expenses, a
payment schedule and a payment track to help you escape the
shibud.
Bank Yerushalayim conducted an inquiry and found the added
Pesach expenses for a well-established family may be as high
as NIS 23,000 ($5,500). Therefore every Bank Yerushalayim
customer who has a mortgage loan at the bank can receive a
general loan of up to NIS 23,000 to help finance Pesach
expenses, with 12 monthly payments at a cost of 5.5 percent.
To receive the loan there is no need for guarantors since the
loan is granted based on collateral in the form of savings or
an apartment already mortgaged to the bank.
Bank Yerushalayim CEO David Baruch said the holiday loans are
available at the Bnei Brak branch, the Geula branch and other
branches serving the chareidi and religious sectors. "For 15
years the bank has financed a large portion of mortgage loans
for building initiatives for the chareidi and religious
public," says Mr. Baruch. "It's only natural that the bank
offer financial solutions for families and customers with the
arrival of Pesach."
|
