Financial and Banking News
LOANS AND ISSUES
Jordan's Ministry of Supply signed a $35mn credit on 6 October to finance imports of cereals from the US
The three-year credit is at 0.375% over Libor and is guaranteed jointly by the Ministry of Finance and the US government's Commodity Credit Corporation (CCC). Funds were provided by Petra Bank, Cairo Amman Bank, Jordan Kuwait Bank and the National Financial Investments Company.