× Government Healthcare Islamic Finance Oil And Gas Real Estate Technology Telecom Tourism
  • Contact Us
  • العربية
    Logo

    Bill approved to abolish National Bank’s Law for Financing Small Projects

    March 21, 2022
    banking

    AMMAN — The Parliamentary Committee on Economy and Investment on Sunday approved a bill to abolish the National Bank’s Law for Financing Small Projects for 2021, the Jordan News Agency, Petra, reported.

    The decision aims to enhance competitiveness and ensure justice, the committee announced, adding that a unified legal and regulatory framework for the microfinance sector already exists in the Kingdom under the umbrella of the Central Bank of Jordan.

    On the other hand, the chairman and members of the committee called on the National Microfinance Bank to postpone loan installments for people, given the economic conditions and the approaching month of Ramadan.

    jordantimes

    Top News



    banking

    World Bank to spend $30bln to tackle foo...
    May 19, 2022
    World Bank approves $85 million for Jord...
    May 17, 2022
    CBJ raises interest rate on monetary pol...
    May 6, 2022