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FINANCIAL NEWS
Jordan receives $76m loan from AMF
20 Jun 2010
(MENAFN) The Governor of the Central Bank of Jordan (CBJ) stated that the kingdom has signed a $76 million loan agreement with the Abu Dhabi-based Arab Monetary Fund (AMF), Petra reported.
He pointed out that Jordan will direct the loan to its planning projects in banking and financial sectors.
According to the CBJ governor, the soft loan will be used to create a company for credit information, enhancing databases in the banking sector and providing electronic banking services for the public sector.
It is worth noting that Jordan has received $411 million in loans from the AMF since 1983.
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