Israeli banks agreed to defer repayment of nearly 6 billion shekels (about 1.6 billion US dollars) in more than 300,000 loans. About 30% of these loans are allocated to families and companies that postponed repayment as part of the program for those directly affected by the evacuation from their homes.
The Bank of Israel had sent a warning to families against obtaining new loans during this period, and said, “The ability of families to service the debt is reflected in the percentage of the credit balance that is overdue"