NO. 48


Financial and Banking News

Regional Banking

Bankers Hopeful of Jordanian Rescheduling Deal soon

Bankers negotiating the terms of Jordan's proposed commercial debtrescheduling are hopeful that a deal can be reached fairly soon. Representativesof the London Club banks met with Jordanian officials in mid-August for thefirst time since Iraq's invasion of Kuwait last year. Discussions arecontinuing and a few points remain to be resolved before a heads of termsagreement...