Financial and Banking News


Jordanian Bank to Extend West Bank Operations

The Jordanian-based Cairo Amman Bank, which last year was licensed by the Israeli and Jordanian authorities to open a branch in Nablus on the West Bank, has now received clearance from Israeli military authorities to open branches with n the next few weeks in the towns of Ramallah, Hebron and Jenin. Cairo Amman Bank is the only Arab bank permitted to operate in the occupied territories, and despite...