× Government Healthcare Islamic Finance Oil And Gas Real Estate Technology Telecom Tourism
  • Contact Us
  • العربية
    Logo

    Jordanian private sector owns 93.3% of total bank deposits

    September 2, 2021
    banking

    Amman, Sep 1 (Petra) -- The Jordanian private sector owns 93.3 percent of the overall bank deposits valued at JOD37.9 billion during the first 7 months of 2021, according to the central bank.

    The Central Bank of Jordan (CBJ) indicated in an initial report the bank deposits registered a JOD1.125 billion increase, 3.1 percent since the end of 2020. The bank deposits, however, witnessed a .4 percent drop, JOD147 million in the same period 2020.

    It highlighted the credit facilities given to businesses by banks amounted to JOD29.8 billion in the first 7 months of 2021, constituting a JOD1.144 billion increase as opposed to the reporting period of 2020.

    The increase in credit facilities came as a result of increasing facilities by up to JOD439 million for the construction sector, JOD412 million for individuals and JOD352 million for the service sector.

    petra

    Top News



    banking

    EBRD provides $50 million trade finance ...
    September 22, 2021
    Next-Gen Open Banking Modular Fintech as...
    September 13, 2021
    Bank’s reach is tangible, its rele...
    September 8, 2021