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Jordan's Housing Bank joins EBRD's Trade Facilitation Programme
- Jordan: Monday, November 19 - 2012 at 03:51
Jordan's Housing Bank for Trade and Finance has announced it has joined the Trade Facilitation Programme (TFP) of the European Bank for Reconstruction and Development (EBRD) as a confirming bank, Jordan Times has reported. The programme covers and guarantees international trade operations among participating banks, facilitating trade between their respective countries and Jordan, as well as ensuring their international dealings, especially with the increased risk of banks in today's current economic conditions, said Michel Marto, chairman of the Housing Bank.
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