KUWAIT, Feb 12 (Reuters) - Kuwait's Global Investment House (GLOB.KW) said on Thursday it had reached an agreement with Jordan's Housing Bank for Trade and Finance THBK.AM to release bank deposits seized by a court over a loan dispute.
Global, Kuwait's biggest investment bank, said earlier a Jordanian court had halted the operations of its Global Jordan unit and seized its deposits in local banks after a dispute over a loan from Housing Bank.
A Global spokesman said the firm had reached an agreement with the bank to release the deposits in return for unspecified collateral, clarifying earlier statements which had referred to assets.
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