NO. 36


Financial and Banking News

Bank Results

Japan To Lend Jordan $500Mn

The Jordanian Minister of Finance, Mr. Basil Jardaneh, has announced thatJapan has agreed to extend a concessionary loan of $500mn to Jordan to supportthe latter's foreign reserves and help in meeting its financial obligations. Mr.Jardaneh made his announcement after returning from Japan, where he accompaniedJordan's Crown Prince Hasan on an official visit. Jordan will be able to draw onthe loan over...