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Bank of Israel Extends Period for Repayment of Debt Due to Iran Conflict

The Bank of Israel is extending loan repayment grace periods to 60 days to ease economic burdens caused by the Iran conflict.

Gil Tanenbaum Economy

Jerusalem, 8 March, 2026 (TPS-IL) — In order to allow the public sufficient time to settle their obligations with credit providers and to prevent the reporting of delays in loan payments that resulted from various technical reasons due to the current conflict with Iran, the Supervisor of Credit Data Sharing at the Bank of Israel has instructed the credit providers reporting to the Register to extend the period required before reporting arrears in loan payments.

Accordingly, instead of reporting arrears after 30 days, they will report only after 60 days. The directive will apply to the monthly reports for the months of March 2026 and April 2026, and the Supervisor may decide to apply it to additional reporting months.

Operation Roaring Lion, which was launched against Iran, may impose an economic burden on some of the country’s citizens, explained the Bank. This burden is expected to be reflected in the internal records maintained by credit providers and in the data reported to the Credit Data Register. These data are used by various credit providers to assess the risk involved in granting loans to borrowers and, in certain cases, may adversely affect borrowers’ credit ratings, their ability to obtain credit, and the terms of such credit.

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Gil Tanenbaum
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Sunday, 8 March 2026 Updated continuously