Jordans Housing Bank Mulls Acquisition Of Local Bank
The 'Amman-based Housing Bank is considering acquiring Union Bank for Saving and Investment (UBSI) in an effort to increase its capital base and prepare the bank for the added competition which is likely to accompany Jordans membership in the World Trade Organization (WTO). Muhammad Abu Zaid, General Manager of the Housing Banks marketing department, confirmed to MEES that the bank is looking at the...
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