The National Bank (TNB) launched a campaign for retail borrowers under the slogan “Take a loan today and pay back in 2023”. The campaign gives borrowers the opportunity to start paying their installments in 2023 by giving them a grace period of up to 9 months. The campaign includes all types of loans for individuals, including personal loans, car loans, real estate loans, and personal housing improvement loans. It ensures special preferential interest rates on loans in shekel, and low commission rates with complete exemption from real estate loan commissions. New borrowers and borrowers who want to increase the value of their loans can benefit from the campaign. The campaign also includes raffles for subscribers on cash prizes, provided in the form of savings accounts of $900 each and for five winners each month.

TNB Chief Executive Officer, Salameh Khalil, said that the campaign aims at reducing the financial burden on borrowing customers who wish to obtain new loans in all major currencies circulating in Palestine, by giving them a longer than usual grace period before they pay their first installment, and by ensuring preferential commissions and interest rates.

The campaign offers a number of advantages, including free life insurance for borrowers for the duration of the loan, gold and silver MasterCard credit cards with no issuing fees for the first year, and the possibility of benefiting from the various TNB banking programs and their competitive prices. The campaign starts on 1/6/2022 and ends on 9/30/2022.