VOL. XLVI

No 8

24-February-2003

JORDAN

Jordans Housing Bank For Trade & Finance Opens Bahrain Branch

Jordans Housing Bank for Trade & Finance (HBTF) opened a branch in Bahrain on 19 February, the Bahrain Monetary Agency announced. The HBTF has shareholders equity of $374mn and total assets of $1.41bn, operating 100 branches in Jordan, four in Palestine and representative offices in Abu Dhabi, and Libya. It is currently in the process of establishing commercial banking operations in Algeria...