Outstanding private sector loans made by the country's 23 commercial banks stood at 16.2 billion dinars at the end of December 2011, Central Bank of Jordan (CBJ) data obtained by Reuters showed.
July 4, 2012 6:15
Egypt Jordan, Bahrain, Oman and Yemen - the Arab spring has elicited a string of pledges of loans and grants from the oil-rich kingdom to its troubled, resource-poor neighbours.
May 28, 2012 5:37
Hedge funds are showing banks how to get their money back from Gulf borrowers.
March 20, 2012 12:28
GCC corporate banking profitability is on its way to recovering from the turmoil of the financial crisis, or so says the latest report by The Boston Consulting Group (BCG).
December 14, 2011 4:57
New rules to reduce severity of liquidity problems; Banks need to comply with new rules from September
June 1, 2011 2:19
UAE Central Bank urges banks to reduce lending rates. Will banks follow suit when there’s much to capitalise on?
May 30, 2011 4:28
Mashreq retail NPL ratio to improve - exec; Retail banking sector to remain difficult in 2011; Bank to focus on retaining existing customers
April 19, 2011 2:56
Publishing personal banking information doesn’t seem like the best way to solve your financial woes, says Precious de Leon
March 14, 2011 4:53
Small businesses are on the rack, while lenders are back to high-risk customers. Kipp finds that the credit woes of SMEs could wreck entire global recovery – from MENA to the US.
August 8, 2010 12:31
Dubai World expected to avail itself of special law and tribunal to support restructuring.
June 14, 2010 10:48
The lure of vacations abroad is leading many people into debt they can't repay.
June 12, 2010 10:37
The regional housing market may seem an impenetrable minefield right now, but increasing competition amongst lenders is helping the industry open up.
June 6, 2010 10:27
Reuters data suggests loans worth around $5.5 billion are due in 2012; More than 120 banks believed affected.
April 23, 2010 9:43
Most UAE teachers want financial literacy to be taught in schools. But given the Middle East’s looming debt crisis, money management will also have to figure on the curriculum at home.
March 14, 2010 3:50
Most families in Saudi are spending much more than they earn, accumulating huge debts as a result.
March 10, 2010 4:31