How would you assess the current compliance environment in the kingdom, and how is this a positive force for business development?
Financial Services
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Interviews & Viewpoints | Nemeh Sabbagh, CEO, Arab Bank: Interview from The Report: Jordan 2016
Articles & Analysis | Jordan restructuring and privatising its stock exchange to enhance performance from The Report: Jordan 2016
As part of an ongoing economic reform programme aimed at boosting private sector investment, the Jordanian government is planning to reform the Amman Stock Exchange (ASE), with the long-term goal of partial privatisation through an initial public offering (IPO). Although prevailing economic conditions will likely prevent a near-term IPO, and a...
Interviews & Viewpoints | Ziad Fariz, Governor, Central Bank of Jordan (CBJ): Interview from The Report: Jordan 2016
How will the new banking law currently being reviewed by Parliament impact the banking sector?
Chapter | Financial Services from The Report: Jordan 2016
The financial services sector is one of the most robust and mature in Jordan, remaining resilient in the face of significant external volatility and retaining its role as a driver of economic growth in 2015. The banking sector in particular has been a major source of strength, with the Central Bank of Jordan maintaining a pro-growth monetary stance, following on from growth in deposits and...
Articles & Analysis | Gabon establishes new banking bodies to help lenders from The Report: Gabon 2016
The regional authorities are currently working to create two new institutions that will serve to provide banks and merchants in CEMAC with more information on their customers. This will allow for an improvement in both the development of local payment systems and the ability of banks to lend with increased confidence.
Articles & Analysis | Gabon's life insurance segment offers strong potential from The Report: Gabon 2016
Despite its small population, Gabon has a relatively large insurance market, thanks in part to its high per capita income. The industry contracted in 2015 on the back of the drop in oil prices, but the prospects for the sector’s long-term development, particularly the life and micro segments, are strong. Plans to raise mandatory capitalisation...