Arab Bank Group reports net profits for 2020; 12% cash dividends
The Board of Directors has recommended to the shareholders the distribution of 12% cash dividends for the financial year 2020
Press Release - 26-Jan-2021The Board of Directors has recommended to the shareholders the distribution of 12% cash dividends for the financial year 2020
Press Release - 26-Jan-2021The Board of Directors has recommended to the shareholders the distribution of 12% cash dividends for the financial year 2020
Press Release - 25-Jan-2021CBJ issued circular to banks last year not to distribute dividends to enhance their solvency
The Jordan Times - 21-Jan-2021Loans granted to private sector constituted some 46%
The Jordan Times - 04-Jan-2021The completion of these transactions remains subject to the receipt of the final approval of the related supervisory and regulatory authorities.
Press Release - 29-Dec-2020CBJ postponed repayment of dues and installments of impacted individuals and companies
The Jordan Times - 24-Nov-2020Decision also stipulated that banks are not allowed to charge commission or impose a late payment interest on these companies
The Jordan Times - 22-Nov-2020The CBJ said that the regulations of the programme at the Jordan Loan Guarantee Corporation had been amended in light of the negative impacts of the pandemic on various economic sectors
The Jordan Times - 05-Nov-2020As part of this landmark deal, UWallet, Umniah's payment service provider, will offer customers innovative digital payment solutions including virtual and contactless cards, payments through mobile phones and other wearable devices, as well as loyalty programs that will bring additional value-driven offerings to consumers
Press Release - 11-Oct-2020Out of 1,200 guides, barely 200 were able to benefit from the loans that were provided to the most hard-hit sectors
The Jordan Times - 24-Sep-2020Sabri Hakim joins rising startup Abwaab
Press Release - 10-Aug-2020Central Bank approves 3,942 loan requests from enterprises hit by pandemic
The Jordan Times - 21-Jul-2020About 600,000 e-wallets have been registered early this year
The Jordan Times - 16-Jul-2020CBJ used "effective policy tools" to contain the repercussions of the pandemic in cooperation with the “entire banking sector"
The Jordan Times - 11-Jul-2020During the COVID-19 crisis, the Central Bank of Jordan’s soft financing programme has supported 134 businesses
The Jordan Times - 06-Jul-2020Three experts wrote an article published by Project Syndicate online about the government and the CBJ’s measures
The Jordan Times - 06-Jul-2020Jordanians’ expenditures on travel went down by 39.3%
The Jordan Times - 22-Jun-2020In March alone, revenues dropped by 56.5%, central bank says
The Jordan Times - 01-Jun-2020Bank’s governor meets with industry representatives to discuss recent sector challenges
The Jordan Times - 18-May-2020In a Mastercard global consumer study, seven in 10 in the Middle East & Africa say they use contactless payments
Press Release - 03-May-2020Transport sector to resume at 50% capacity on Wednesday
The Jordan Times - 26-Apr-2020The Central Bank of Jordan has a wide set of tools at its disposal to tackle emergency situations
The Jordan Times - 19-Apr-2020The decision is expected to provide sufficient funds for more companies
The Jordan Times - 14-Apr-2020CBJ stressed that it will closely monitor the proper application of procedures and measures to provide the service
The Jordan Times - 11-Apr-2020The ministry has taken all stakeholders in consideration, including self-employed individuals, such as tour guides
The Jordan Times - 06-Apr-2020CBJ noted that these loans will be 85 per cent guaranteed by the Jordan Loan Guarantee Corporation
The Jordan Times - 04-Apr-2020Soft loans aim to limit fallout of COVID-19 impact on businesses
The Jordan Times - 01-Apr-2020IMF’s executive board approved a new four-year programme with a focus on on increasing job opportunities in Jordan
The Jordan Times - 31-Mar-2020Banks are not allowed to provide personal loans and financing to citizens and customers during this period
The Jordan Times - 30-Mar-2020Exchanges must sterilise the locations that will be operating, ensure that queues are organised
The Jordan Times - 30-Mar-2020Banking services will include foreign trade, cash deposits and cheques for merchants, as well as salary withdrawals for employees
The Jordan Times - 29-Mar-2020Central Bank of Jordan lowers interest rates on all monetary policy instruments by 100 basis points starting on Monday
The Jordan Times - 18-Mar-2020Government to suspend work in the public and private sectors for two weeks
The Jordan Times - 17-Mar-2020CBJ also said that its main rate has been reduced from 3.5% to 2.5% annually
The Jordan Times - 16-Mar-2020The measure will enable the banks to lower the interest rates on facilities provided to institutions and individuals
The Jordan Times - 15-Mar-2020When the CBJ reduces the interest rate on deposits it tends to drop faster than when the interest rate is lowered on loans
The Jordan Times - 10-Mar-2020The draft law regulates insurance companies in a manner that guarantees the sector achieves its designated purposes
The Jordan Times - 08-Mar-2020The benchmark interest was cut to 3.50% from 4.00%
Reuters News - 04-Mar-2020The CBJ has financed some 1,207 projects
The Jordan Times - 04-Mar-2020Government has placed restrictions on the export of masks and has permitted three factories to produce two types of masks
The Jordan Times - 01-Mar-2020Tourism income increased mainly from Arab countries by 20.1%
The Jordan Times - 19-Feb-2020Net income before tax grew to reach $ 1.15 billion as compared to $ 1.12 billion in 2018, while Group equity grew to reach $9.102 billion with a return on equity of 9.3%
Press Release - 03-Feb-2020Remittances of Jordanian expatriates in 2019 increased by 0.9% as compared to 2018
The Jordan Times - 03-Feb-2020Global trade event reaffirms Dubai's position as a hub for pioneering security and safety products and solutions
Press Release - 02-Feb-2020The Group's net operating income grew by 5% driven by growth in interest and fee income
Press Release - 02-Feb-2020Buna is a multi-currency payment platform that clears and settles cross-border payments in eligible Arab and international currencies across the Arab region and beyond, with links to to major trade partners.
Press Release - 28-Jan-2020Jordan FinTech Bay aims to foster synergies among market players
The Jordan Times - 28-Jan-2020On a monthly level, the Kingdom’s revenues from tourism income increased during December 2019 to reach $437mln
The Jordan Times - 16-Jan-2020The Central Bank of Jordan (CBJ) on Monday stressed the stability of all Lebanese banks operating in the Kingdom
The Jordan Times - 07-Jan-2020The increase was mainly driven by an 8.3% rise in the total number of tourists to Jordan, which totalled 4.9mln, compared with the same period last year
The Jordan Times - 12-Dec-2019