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Jordan Capital Bank And SFD Sign $10 Million Deal
Saudi Press Agency Published in Saudi Press Agency on 24 - 03 - 2012

The Saudi Fund for Development (SFD) granted a $10 million loan to Jordan's Capital Bank for financing the bank's clients' commercial operations between the two countries, according to a statement issued by the Jordanian commercial bank.
This followed an agreement signed in Amman by the SFD's Director General of the Saudi Exports Program Ahmad bin Mohammad Al-Ghannam and the Capital Bank's General Manager Haitham Qamhiyeh, according to a report published by Arab News.
During the signing ceremony, Qamhiyeh praised the role played by the SFD in boosting the inter-Arab trade and enhancing the competitiveness of the Saudi exports.
Al-Ghannam said that the signing of the loan agreement came in the course of the SFD's endeavors to boost national exports and merchandise between Saudi Arabia and Jordan.

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