AMMAN
— Jordanian banks listed on the Amman Stock Exchange, totaling 14, have reported
a significant increase in profits after tax for the past year, reaching 1.01
billion dinars, marking a notable 20.3 percent rise compared to 2022, according
to preliminary data published on the Amman Stock Exchange website. Before
taxes, the profits of these banks amounted to approximately 1.44 billion
dinars, reflecting a robust 21.5 percent increase compared to the previous
year's JD840 million.
During
its inaugural meeting of the year, the Open Market Operations Committee at the
Central Bank of Jordan opted to maintain the current levels of interest rates
for monetary policy tools, Al-Mamlaka TV reported.
According
to figures from the Central Bank of Jordan, credit facilities in dinars granted
by banks witnessed an increase of about JD1 billion last year, showing a growth
rate of 3.5 percent. Additionally, deposits in banks surged by JD1.6 billion in
2023, registering a growth rate of 3.9 percent and reaching a total of JD43.7
billion.
The
latest economic data available indicates a rise in CBJ’s foreign reserves to
$18.2 billion, sufficient to cover the Kingdom's imports of goods and services
for 7.9 months.
Read more National news
Jordan News
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AMMAN
—
Jordanian banks listed on the
Amman Stock Exchange, totaling 14, have reported
a significant increase in profits after tax for the past year, reaching 1.01
billion dinars, marking a notable 20.3 percent rise compared to 2022, according
to preliminary data published on the Amman Stock Exchange website. Before
taxes, the profits of these banks amounted to approximately 1.44 billion
dinars, reflecting a robust 21.5 percent increase compared to the previous
year's JD840 million.
During
its inaugural meeting of the year, the
Open Market Operations Committee at the
Central Bank of Jordan opted to maintain the current levels of interest rates
for monetary policy tools, Al-Mamlaka TV reported.
According
to figures from the
Central Bank of Jordan, credit facilities in dinars granted
by banks witnessed an increase of about JD1 billion last year, showing a growth
rate of 3.5 percent. Additionally, deposits in banks surged by JD1.6 billion in
2023, registering a growth rate of 3.9 percent and reaching a total of JD43.7
billion.
The
latest economic data available indicates a rise in CBJ’s foreign reserves to
$18.2 billion, sufficient to cover the Kingdom's imports of goods and services
for 7.9 months.
Read more National news
Jordan News