VOL. XLVI
No 14
07-April-2003
JORDAN
Central Bank Moves To Control Iraqi Funds Held In Jordan
The Governor of the Central Bank of Jordan (CBJ) Umayyah Tuqan has given instructions to Jordanian commercial banks that they need central bank approval to withdraw any Iraqi balances or deposits. In a statement to official news agency Petra, Mr Tuqan said that the CBJ has taken these steps to ensure the safety of deposits, the safety of Jordanian banking institutions, and to prevent any illegitimate use...
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