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Ministry of Finance collaborates with U.S. partners to present Portfolio Management Seminar to Jordanian financial institutions

In a collaborative effort between four partners, the Ministry of Finance, the US State Department Middle East Partnership Initiative (MEPI)-funded Financial Services Volunteer Corps (FSVC), and the USAID-funded Sustainable Achievement of Business Expansion and Quality (SABEQ) program, a two day seminar for local financial institutions was hosted by the Central Bank of Jordan.

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The focus of the seminar was portfolio management and sound decision-making strategies. The target of the two-day seminar, which commenced on Monday, March 5, 2007, was senior level treasurers and client portfolio managers in various Jordanian financial institutions ranging from banks to brokerage firms.

Eighty participants from 26 local financial institutions attended the seminar, which covered topics such as recent trends in equity markets, active bond management, interest rate anticipation and tactics on portfolio construction.

The purpose of the seminar was not only to familiarize and educate local financial managers with the latest trends and techniques, but also to stimulate an active utilization of available financial resources in support of a growing economy and a productive, secure and efficient investment environment in Jordan.

Financial Services Volunteer Corps (FSVC) is a MEPI-funded U.S. based not-for-profit organization providing financial sector technical assistance to Jordan since 2004.

The USAID-funded Sustainable Achievement of Business Expansion and Quality (SABEQ) program is a five year broad economic development initiative implemented by BearingPoint, Inc. and a sizeable team of international and Jordanian partner firms, supporting improvements in the business environment and providing assistance to expand innovation and productivity in Jordanian businesses.
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Notes and media contacts

Contact: Tina Kasim
Telephone: 550-3050 ext 145

Sustainable Achievement of Business Expansion and Quality Program
Salem Center - Suqeilah Street - Al Rabieh - Amman, Jordan
Telephone: 550-3050 Fax: 550-3069

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