August 24th, 2010 | 
Author: Concluded the Sixth Conference of businessmen and overseas investors in Jordan Wednesday of its work to be lifted observations and views of Jordanian expatriates how to support and develop the national Alaqsad to the government after delivery of the Jordan Investment partner Jordanian Businessmen Association in organizing the conference. The conference discussed in the meetings of the second day, the role of the banking sector in the national economy and infrastructure investment and investment in the pharmaceutical sector and health The U.S. economic indicators on the macro level have begun to take a positive path in the first semester of this year.
The head of the Association of Banks in Jordan, Marwan Awad through a working paper presented under the title “Do you respond to the banks to the needs of the national economy from the credit facilities,” The total facilities rose 1.2 percent last year to 317.13 billion dinars, including various types of financing and met the needs of private sector funding. Awad added during the meeting which was chaired by a member of the Board of Directors Business Association Musa Shihadeh that the total assets amounted to 31 957 million by 3.7 percent in 2009, as deposits grew to 20 298 million dinars. He said the statistics showed that banks operating in Jordan contributes more than 90 percent of the total finance in the kingdom, while contributing to all those non-bank lending with less than 10 percent of the funding. The contribution of non-Jordanian investors are high in the banking sector as the area of investment is open to investors from outside Jordan, noting that the value of credit facilities grew to 7.13 billion dinars at the end of May this year compared to 5.4 billion dinars in
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