VOL. XLII
No. 24
14-June-1999
JORDAN
Moody痴 Sees Negative Outlook For Jordanian Banks
US ratings agency Moody痴 Investor痴 Service said on 9 Junethat Jordan痴 economic slowdown and deteriorating asset quality has putnegative pressure on the banking system痴 ratings. In its annual report onJordanian banks, Moody痴 said the operating environment is the most significantconstraint for the credit standing of Jordan痴 banks, since it is stagnant interms of economic growth as well as lending opportunities...
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