Local Banks Invest JOD210m in ‘Saudi-Jordanian Fund’

تم نشره في Mon 9 January / Jan 2017. 01:00 AM
  • The Investment Commission - (Archives)

AMMAN —AlGhad— An informed government source disclosed to “AlGhad” an agreement between several local commercial and Islamic banks to invest JOD210 million in the ‘Saudi-Jordanian Investment Fund’ to finance economic projects in Jordan.

Commercial banks will invest JOD176.5 million in the founding of two separate companies, the source explained, along with Islamic banks, contributing a total of JOD33.6 million of the companies’ capital.