Regulatory Alerts2017-12-17
Added
Limitations on provision of housing loans
The Bank of Israel updates Proper Conduct of Banking Business Directive no. 329 to reduce the minimum equity required from purchasers' own sources for homes at a reduced price in distant localities from NIS 100,000 to NIS 60,000. This amendment applies specifically to buyers in areas with low property values eligible for grants under the Buyers Price—New Format program. The directive takes effect upon its publication date.
More like this from BOI
We email you every new BOI publication the day it's published.
Topics
Share