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Israel Govt. Expects to Have Data for Export-import Bank Loan Ready Within a Few Days

December 5, 1948
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The Israeli Government expects to have all in formation requested of it by the Export-Import Bank with regard to a loan for projects in Israel in the hands of Bank officials within a few days, it was learned today. The information, covering details of the various projects under consideration and projected uses of the loan, will be given to technical officials of the Bank who will study the material and make a report to the Bank’s board of governors.

A report that the Bank would “probably not decide before early next year whether to grant Israel’s request for a $100,000,000 loan” was ” inaccurate, ” a highly placed Bank official told the Jewish Telegraphic Agency today. “No statement has been made by the Bank as to the time element involved in granting the Israeli Loan,” the spokesman said. The Israeli application is under “active consideration” and is being” pushed forward,” he added.

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