VOL. XLI

No. 15

13-April-1998

JORDAN

Housing Bank To Double Share Capital

The second largest bank in Jordan, Housing Bank, which last year became a fullcommercial bank, has said that it will double its nominal share capital to JD100mn($141mn). Housing Bank Chairman Zuhair al-Khuri said that the board of the bank had agreedto put the matter to an extraordinary general meeting of the bank's shareholders to beheld on 31 April. The exercise will involve an injection of fresh cash in addition to...