Bank Hapoalim to extend collapsing Feuchtwanger fresh credit-Yedioth

Bank Hapoalim (TASE:POLI) has agreed to extend fresh credit to the imploding Feuchtwanger Industries group, Yedioth Ahronoth reports.

The bank is willing to increase its loans to the group during the 34-day stay of proceedings against Feuchtwanger, according to the company's special trustee manager, Yedioth writes.

First International Bank of Israel (TASE:FIBI5) has also agreed to lend Feuchtwanger money, to finance its expenses in obtaining the stay of proceedings.

Israel Discount Bank (TASE:DSCT) has apparently bucked this kindly trend and refused succor during the suspension.

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