Middle East Economic Survey
VOL. LII
No 28
13-Jul-2009
Jordan
S&P Says Economic Environment Could Hurt Jordanian Bank Asset Quality
The current difficult economic environment is likely to hurt the asset quality of Jordanian banks, although the medium-term outlook remains good, Standard & Poors Ratings Services (S&P) said in a report of 8 July. Economic difficulties and the countrys dependence on some cyclical sectors such as export-oriented industries, real estate, and tourism are in...
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