VOL. XXXVII

NO. 18

31-JANUARY-1994

Financial and Banking News

Regional Banking

Five Banks Approved To Reopen In West Bank

Five Jordanian banks have received conditional approval from the Central Bankof Jordan to reopen branches in the West Bank. Under the terms of theJordanian-Palestinian economic accord signed on 7 January, the Central Bank ofJordan will supervise banking operations in the occupied territories. The banksto have received approval are:

Arab Bank, to reopen in Nablus and the Gaza...