Bank loans grew 9.6% in first five months — CBJ

By JT - Aug 11,2016 - Last updated at Aug 11,2016

AMMAN — Credit facilities extended by banks and financing institutions reached JD22.17 billion by the end of May 2016, registering a 9.6 per cent increase over the JD20.23 billion during the same period of 2015, the Central Bank of Jordan (CBJ) announced Thursday.

The CBJ said that JD21.88 billion were extended by licensed banks, while the state-owned Agricultural Credit Corporation and Cities and Villages Development Bank facilitated loans valued at JD133 million and JD114.1 million respectively, according to the Jordan News Agency, Petra.

The central bank said the value of the credit facilities it extended were around JD43 million.

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