FINANCIAL NEWS

Jordanian government debt reachs JOD11.6b

02 Sep 2016

(MENAFN) Jordanian government debt to regional banks hit JOD11.6bn or 25.5 percent of the bank whole assets by the end of last year.

Furthermore, the operating bank capital adequacy ratio increased to 19.06 percent in the same year, against 18.4 percent in 2014.

The regional banks granted government guaranteed loans to public organizations, disapproving 13 percent of the requests sought JOD1.7bn loans in total.

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