Financial and Banking News


Rizk Exchange Company Finally liquidated

More than a year after the crisis which caused its collapse (MEES, 19 May 1986), the Amm3nbased money exchange company Jordan Finance Company owned by Saliba and Rizk Shukri Rizk was officially liquidated by Court order in July, and its assets, together with the personal assets of the owners, were put up for public auction last week. The company had Waken JD20mn ($60mn) in deposits an illegal activity for...