The Ministers of Finance and Justice have decided on a number of concessions for mortgage holders and those with other debts during the operation. Protective Edge. 

Mortgage relief

1. Borrowers who have a housing loan (mortgage) can approach the bank where their loan is managed in order to postpone two mortgage payments (grace). It should be noted that such a postponement incurs interest.
2. Borrowers eligible to apply to the Special Committee for Relief will be able to do so until August 31, 2014, without a financial means test, by submitting a request through the bank where their loan is managed.
3. Eviction of debtors from their homes for non-payment of their debt will be postponed until after the operation.

The mortgage relief measures are granted regardless of the borrower's place of residence or their reserve service during the operation.

Relief for debtors

These reliefs are granted to only two groups of debtors:

1. Individuals whose address or business address (in the case of a business account) is in communities for which a special state has been declared (40 km from Gaza).
2. People called up for special reserve duty (Order 8).

As part of the accommodations, the bank will not convert a current account into a limited account due to returned checks during the promotion period.

Quote from the Bank Supervisor's message:

"In light of the ongoing special situation in the home front and the concern for economic harm to private citizens and industry,
In factories and small and medium-sized businesses in additional areas of the country, you are requested to exercise discretion
"To know and examine how this customer population can be eased." In other words, banks are required to exercise additional discretion and strive to provide relief to the rest of the population as well.

Link to the Banking Supervisor's announcement